Quantitative Reasoning For Business Wk 2

Choose a product or service that you would like to purchase for your office or yourself: Injet all in one printer______________

Search the internet to find three providers who have different prices for the product or service:


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Product Description

  1. Describe in 2 to 4 sentences the product or service you wish to purchase.
The product I would like to purchase for my office in the HP injet all in one color printer.

This product has the insta ink ready component I’m looking for as well.

  1. Indicate the amount of money in dollars that you have budgeted to pay

for the product or service: $___260.00______________

Product Comparison

  1. Complete the chart below with information from your research.
Name of Provider Link to Website Price of Product
Staples https://www.staples.com/ $229.99
Amazon https://www.amazon.com/ref=nav_logo $399.89
Walmart https://www.walmart.com/ $229.99
  1. Compare in a total of 260 words the product or service offered on each website.
Website Method of Delivery Warranties Tax Rates Extra Components/Services Other Differences
a.Staples.com Pick up Only 1 Year Factory warrenty 7.000%

Total taxes cost $17.75

1 year factory warranty and 2 years device protection plan for $39.99 optional Item appears to be on back order whitch mean I waould have to wait to pick up the item
b.Amazon.com Delivery only 1 Year Factory Warrenty only 7.000%

Total Taxes

Cost $30.92

1 years warranty and 2 years of ink delvery to your door & smart task for smart office productivy.

Come with the printer

Additional 2 year warranty for $$49.99.

Free delivery with amazon prime menbership

c. Walmart Delivery only 1 year factory warranty. 7.000%

Total Taxes Cost

1 year warranty plus optional 3 year Walmart protection plan for $39.99 Optional remote printe set up for aadditional $29.99


  1. Suppose each of these products/services has a 30% markup based on selling price.

Calculate each supplier’s cost for the product/service. [Hint: First find the markup in dollars, then use the formula Price=Cost + Markup to find the supplier’s cost.]

Website a: (Staples) Website b: (Amazon) Website c: (name)
Supplier’s Cost: $ $ $
  1. Now that you have calculated the cost of the product, use that information to calculate the percentage markup based on cost.[Hint: Percentage markup based on cost is = (Price-Cost)/Cost.]
Website a: (name) Website b: (name) Website c: (name)
Percentage Markup: % % %
  1. Calculate the percentage difference between the price you would like to pay and the price of the product/service.

Remember, this percentage will be positive if the price of the product or service is lower than the price you would like to pay. If the price is over-budget then there will be a negative number. If the price is under budget then there will be a positive number. [Hint: To calculate the percentage difference, you should use the formula: (Budget – Price)/Budget.]

Website a: (name) Website b: (name) Website c: (name)
Percentage Difference: % % %


  1. Write a 175- to 350-word analysis of which product you would select for purchase. Keep in mind that your purchase decision does not necessarily have to be the product with the lowest cost but you should support your decision with information from your analysis.

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