Solution
Given the question in the image, the following are the solution steps to answer the question.
STEP 1: Write the given distance
[tex]\begin{gathered} Distance=240\text{ miles} \\ premium=200\% \\ cost=2000lbs \\ price\text{ per 100 lbs for 240 miles is \$120} \end{gathered}[/tex]
STEP 2: Calculate the cost
[tex]\begin{gathered} 100lbs\text{ for 240 miles = \$}120 \\ 2000=x \\ \\ x=\frac{2000\cdot120}{100}=\text{ \$}2400 \end{gathered}[/tex]
STEP 3: Calculate the premium
[tex]200\%=\frac{200}{100}\cdot2400=\text{ \$}4800[/tex]
STEP 4: Calculate the overall cost to ship required goods
[tex]\text{ \$}2400+\text{ \$}4800=\text{ \$}7200[/tex]
Hence, the cost to ship 2000 lbs of goods from Houston to Shreveport (240 miles) using same-day shipping is $7200
