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The Blackbird Oil Company is considering the purchase of 20 new jumbo oil storage tanks. The standard model holds 12,000 gallons. Its dimensions are the size of the similarly shaped jumbo model, that is, the ratio of the dimensions is 4:5. a. How much more storage capacity would the purchase of the twenty jumbo models give Blackbird Oil? b. If jumbo tanks cost 50% more than standard tanks, which tank is a better buy?
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