Question

You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three​ suppliers: Thailand Polishing​, India Shine​, and Sacramento Glow. Thailand Polishing has submitted a bid of 2 comma 400 baht. India Shine has submitted a bid of 2 comma 400 rupee. Sacramento Glow has submitted a bid of $ 240. You check with your local bank and find that​ $1 = 10 baht and​ $1 = 8 rupee. The price per unit for Thailand Polishingequals​$ nothing. ​(Enter your response rounded to the nearest​ penny.)

Answer 1

$1.2

Step-by-step explanation:

The computation of the price per unit for Thailand polishing is shown below:

Price per unit = Bid price ÷ number of polished disks

= 2,400 ÷ 200

= 12 baht

We know

$1 = $10 baht

So, 12 baht = 12 baht × $1 ÷ 10 baht = $1.2

Simply we divide the bid price and the number of polished disks so that the price per unit can come. And After converting the baht to dollars. The answer would be $1.2