Suppose you are the buyer for the housewares department of a department store. A number of vendors in your area carry similar lines of merchandise. On sets of microwavable serving bowis, Brand A offers a list price of $400 per dozen less a 35% trade discount Brand B offers a similar set for a list price of $425 less a 42% trade discount.
(a) Which vendor is offering the lower net price?
Brand A
Brand B
(b) If you order 500 dozen sets of the bowls, how much money (in $) will be saved by using the lower-priced vendor?
$