Answer:
The retail value of one bag of one bag of a synthetic hair bundle is $47 and the retail value of a bag of natural hair bundle is $38
Explanation:
The given information are;
The number of bags of synthetic hair bundles the owner buys = 700
The number of bags of natural hair bundles the owner buys = 400
The number of synthetic hair bundles the Forestville location receives = 300
The number of natural hair bundles the Forestville location receives = 250
The total retail value of the hair bundles the Forestville location receives = $23,600
The number of synthetic hair bundles the Largo location receives = 400
The number of natural hair bundles the Forestville location receives = 150
The total retail value of the hair bundles the Largo location receives = $24,500
Let the price of a bag of synthetic hair bundle = x
Let the price of a bag of natural hair bundle = y
∴ 300·x + 250·y = $23,600...(1)
400·x + 150·y = $24,500...(2)
Making y the subject of the formula in both equations gives;
For equation (1)
y = 23,600/250 - 300/250·x = 94.4 - 1.2·x
y = 94.4 - 1.2·x
For equation (2)
400·x + 150·y = 24,500
y = 24,500/150 - 400/150·x = 490/3 - 8/3·x
y = 490/3 - 8/3·x
Finding the common solution gives;
490/3 - 8/3·x = 94.4 - 1.2·x
490/3 - 94.4 = 8/3·x - 1.2·x
1034/15 = 22/15·x
x = 1034/15/(22/15) = 47
x = 47
∴ The price of a bag of synthetic hair bundle = x = $47
The price of a bag of synthetic hair bundle = $47
y = 490/3 - 8/3·x = 490/3 - 8/3 × 47 = 38
y = 38
The price of a bag of natural hair bundle = y = $38
The price of a bag of natural hair bundle = $38.
Therefore, the retail value of one bag of one bag of a synthetic hair bundle is $47 and the retail value of a bag of natural hair bundle is $38.