The premium for same-day shipping is 200%. What is the cost to ship 2,000 lbs of goods from Houston to Tulsa (500 miles) using same-day shipping?

| Distance (miles) | 0-200 | 201-400 | 401-600 | 601-800 | 801-1000 |
|------------------|-------|---------|---------|---------|----------|
| Price per 100 lbs| [tex]$100 | $[/tex]120 | [tex]$200 | $[/tex]240 | [tex]$400 |

$[/tex][?]$



Answer :

To determine the cost to ship 2,000 lbs of goods from Houston to Tulsa, which is 500 miles, using same-day shipping with a premium of 200%, we'll follow these steps:

1. Identify the applicable shipping rate:
- According to the given table, the pricing for 500 miles falls under the range of 401-600 miles.
- The price per 100 lbs for this distance is \[tex]$200. 2. Calculate the base cost: - First, convert the weight of 2,000 lbs to units of 100 lbs. \[ \text{Weight in units of 100 lbs} = \frac{2000 \, \text{lbs}}{100} = 20 \, \text{units} \] - Next, calculate the base cost by multiplying the number of 100 lbs units by the price per 100 lbs. \[ \text{Base cost} = 20 \, \text{units} \times \$[/tex]200 = \[tex]$4000 \] 3. Calculate the premium cost: - The premium is 200%, which means it is twice the base cost. \[ \text{Premium cost} = 200\% \times \$[/tex]4000 = 2 \times \[tex]$4000 = \$[/tex]8000
\]

4. Calculate the total cost:
- Add the base cost and the premium cost to get the total cost.
[tex]\[ \text{Total cost} = \$4000 + \$8000 = \$12000 \][/tex]

Therefore, the total cost to ship 2,000 lbs of goods from Houston to Tulsa (500 miles) using same-day shipping is \$12,000.