Ryan is looking for the best deal on an electric stove that
Last updated: 8/7/2022
Ryan is looking for the best deal on an electric stove that has a wholesale price of $589. Help him compare the price of the electric stove at two different stores by completing the following. (a) Ryan looks at the electric stove in a department store that marks up the electric stove's wholesale price 30%. But because of a customer loyalty program, he would receive a 20% discount off the in-store price. Ignoring tax, how much would he pay for the electric stove at this store?$________ (b)Ryan then goes to a superstore that marks up the electric stove's wholesale price 10%. But he is not a member of the superstore's customer loyalty program. He must pay the full in-store price. Ignoring tax, how much would he pay for the electric stove at this store?$________ (c) Select the true statement. i) Ryan would pay less for the electric stove at the department store. ii)Ryan would pay less for the electric stove at the superstore. iii) Ryan would pay the same amount for the electric stove at the