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Find out the New Price for Strawberries Based on the Situation

Algebra
Tutor: None Selected Time limit: 1 Day

The Sweet Candy Shop buys 600 pounds of chocolate covered strawberries at $5.59 per pound. If a 10% spoilage rate is anticipated, at what price per pound should the strawberries be sold in order to achieve a 60% markup based on cost

Sep 1st, 2014

If sold at price p you need the revenue from 90%of the 600 pounds to be 1.60 times the cost of 600 lbs at $5.59

600(1-.10)p = 600*5.59*1.60 

p = $9.94 


Sep 1st, 2014

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