Final answer:
To find how many times greater the chain's profit is than one store's, divide the chain's profit by the store's profit. After dividing the coefficients (30.479/210.2) and subtracting the exponents (7-4), we find that the chain's profit is 145 times greater than that of one store, which is 1.45 × 10² in scientific notation.
Step-by-step explanation:
To determine how many times greater the profit made by the chain is than by one of its store, we need to divide the total profit of the chain by the profit of one store. Both profits are given in scientific notation as follows:
Chain's annual profit: 30.479 × 107 dollars
One store's annual profit: 210.2 × 104 dollars
To perform the division, we divide the coefficients and subtract the exponents:
(30.479 × 107) / (210.2 × 104) = (30.479 / 210.2) × 10(7 - 4)
Calculating the division of coefficients and exponents separately:
Coefficients: 30.479 / 210.2 ≈ 0.145
Exponents: 103, since 7 - 4 = 3
The result is:
0.145 × 103, which is the same as 1.45 × 102 in scientific notation after adjusting the decimal point one place to the right. Therefore, the chain's profit is 145 times greater than the profit of one store.