Wyzie Supply bought 210 rolls of barbed wire for $36 per roll. They usually sell the wire for $48.50 per roll. Since they were ableto purchase a larger quantity at a lower price, they are selling the wire at $41.25 per roll.
a. What did it cost Nick for 21 rolls of wire at $48.50 per roll?
b. How much would Nick save if he were able to buy the wire at $41.25 per roll?
c. What is the discount rate?
a. $1,018.50
b. $151.83
c. 14.9%
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