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if the premium for same day shipping is 200%. what is the cost to ship 2000 lbs of goods from Houston to Shreveport (240 miles) using same-day shipping?

if the premium for same day shipping is 200%. what is the cost to ship 2000 lbs of-example-1
User Nacyot
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1 Answer

18 votes
18 votes

Solution

Given the question in the image, the following are the solution steps to answer the question.

STEP 1: Write the given distance


\begin{gathered} Distance=240\text{ miles} \\ premium=200\% \\ cost=2000lbs \\ price\text{ per 100 lbs for 240 miles is \$120} \end{gathered}

STEP 2: Calculate the cost


\begin{gathered} 100lbs\text{ for 240 miles = \$}120 \\ 2000=x \\ \\ x=(2000\cdot120)/(100)=\text{ \$}2400 \end{gathered}

STEP 3: Calculate the premium


200\%=(200)/(100)\cdot2400=\text{ \$}4800

STEP 4: Calculate the overall cost to ship required goods


\text{ \$}2400+\text{ \$}4800=\text{ \$}7200

Hence, the cost to ship 2000 lbs of goods from Houston to Shreveport (240 miles) using same-day shipping is $7200

User Dutow
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