Solve Problems Using Systems in Three Variables
-A Vendor Sells $\$ 10.75$

question 193

Multiple Choice

Solve Problems Using Systems in Three Variables
-A vendor sells hot dogs, bags of potato chips, and soft drinks. A customer buys 2 hot dogs, 5 bags of potato chips, and 2 soft drinks for $\$ 10.75$ . The price of a hot dog is $\$ 1.25$ more than the price of a bag of potato chips. The cost of a soft drink is $\$ 2.50$ less than the price of two hot dogs. Find the cost of each item.

• A) \(\$ 2.00\) for a hot dog; \(\$ 0.75\) for a bag of potato chips; \(\$ 1.50\) for a soft drink
• B) \(\$ 0.75\) for a hot dog; \(\$ 2.00\) for a bag of potato chips; \(\$ 1.50\) for a soft drink
• C) \(\$ 2.00\) for a hot dog; \(\$ 1.50\) for a bag of potato chips; \(\$ 0.75\) for a soft drink
• D) \(\$ 2.25\) for a hot dog; \(\$ 1.00\) for a bag of potato chips; \(\$ 1.50\) for a soft drink

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Definitions:

Banker's Acceptance

A short-term financial instrument issued by a company that is guaranteed by a commercial bank, commonly used in international trade.

Inventory Period

The average time it takes for inventory to be sold and replaced during a given period.

Cash Disbursement

The payment of cash from a business or individual to settle obligations.

Cash Collection

The process of receiving and processing payments from customers or clients for goods or services rendered.