Question

ook store
now, marco has to get a comic book distributor
and buy comic books from the distributor at a
discount.

he finds a distributor who will give a 60% discount
on comic books. in other words, he is charged
40% of the comic book cover price. in order to get
the 40% discounted rate he must commit to a
fixed number of orders upfront. the cover price is
the price shown on the cover of comic books. for
comic books, the most common price is $3.99.
this means that if the comic books cover price is
$5, your distributor will sell it to you at 40% of
that, which is $2.

the average comic books cover price is $4. what
would the average comic book cost if marco buys
from the distributor?
dollars

Explanation:

Step1: Identify given values

Average cover price = $\$4$, Marco pays 40% of cover price.

Step2: Calculate cost to Marco

Multiply cover price by 40% (or 0.4).
$\$4 \times 0.4 = \$1.60$

Answer:

$\$1.60$