Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Exercise 77

You are the buyer for the housewares department of the Galleria Department Store. A number of vendors in your area carry similar lines of merchandise. On sets of microwavable serving bowls, Kitchen Magic offers a list price of $400 per dozen less a 38% trade discount. Pro-Chef offers a similar set for a list price of $425 less a 45% trade discount.
a. Which vendor is offering the lower net price?
b. If you order 500 dozen sets of the bowls, how much money will be saved by using the lower-priced vendor?