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You submit a bid of $125 per room for 60 rooms for two nights. The group's event planner says she will award you the bid
if you come down 12%. What is the new bid to secure the contract?

Sagot :

abiolataiwo2015

The new bid to secure the contract is:$13,200.

New bid to secure the contract

First step is calculate the cost of rooms for two night

Cost=$125 per room×60 rooms×2 night

Cost=$15,000

Second step is to calculate the new bid

New bid=$15,000-(12%×$12,000)

New bid=$15,000-$1,800

New bid=$13,200

Inconclusion the new bid to secure the contract is:$13,200.

Learn more about new bid here:https://brainly.com/question/7357449

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