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Celia offers an automobile package worth $25,000 to a customer for a discounted price of $19,995. The price/value ratio of this for the customer is:

A. .25
B. .79
C. 1.00
D. 1.25
E. 1.79

User Shaylh
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1 Answer

2 votes

Final answer:

The price/value ratio is obtained by dividing the discounted price $19,995 by the original price $25,000, which gives a ratio of approximately 0.79, corresponding to option B.

Step-by-step explanation:

The student asked for the price/value ratio of purchasing an automobile package originally worth $25,000 for a discounted price of $19,995.

To calculate this ratio, we divide the price paid by the original value of the package. Therefore, the calculation would be: $19,995 / $25,000 = 0.7998.

When rounded to two decimal places, the ratio is 0.80 or 0.79 when adjusted to the options provided in the question, which corresponds to option B. This ratio indicates how much of the original value the customer is paying for the item.

Therefore, the correct answar is B. .79

User Mohammad Asghari
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