each tuesday, ryan airlines reduces its one-way ticket from fort wayne to chicago from $150 to $30. to receive this special $30 price, the customer must buy a round-trip ticket. ryan has a nonrefundable 25% penalty fare for cancellation; it estimates that about nine-tenths of 1% will cancel their reservations. the airline also estimates this special price will cause a passenger traffic increase from 400 to 700. ryan expects revenue for the year to be 55.8% higher than the previous year. last year, ryan’s sales were $484,000. to receive the special rate, janice miller bought two round-trip tickets. on other airlines, janice has paid $125 round trip (with no cancellation penalty).
a. calculate the percent discount ryan is offering.
percent discount %
b. calculate the percent passenger travel will increase.
percent passenger travel %
c. calculate the sales for new year.
sales for new year $
d. calculate janice’s loss if she cancels one round-trip flight.
janice’s loss $
e. approximately how many more cancellations can ryan airlines expect (after janice’s cancellation)? (round down your answer to nearest whole number.)
no of cancellations people
a local dunkin’ donuts shop reported that its sales have increased exactly 19% per year for the last 2 years. this year’s sales were $82,231. what were dunkin' donuts' sales 2 years ago? (round each year’s sales to the nearest dollar.)
sales 2 years ago $