Finance Math question

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

200 bagels produced daily at $0.20. 15% of bagels spoiled 40% markup what should selling price be?

May 24th, 2015

i am answering your question

May 24th, 2015

200 bagels produced daily at $0.20. 15% of bagels spoiled 40% markup what should selling price be?

Cost + Markup = Selling Price

C+M=S

40+40%S=S

$40+0.40S=S

S-0.40S=40

0.60S=40

S= $ 66.67

$66.67/200-15% (200)

$66.67/170= 0.392 per Item


May 24th, 2015

thank you so very much!!!

May 24th, 2015

jone corp accepted a $25000, 8%, 120-day note on july 8. it discounted the note on sept. 4 at 7%. what proceeds did jone corp receive?

May 24th, 2015

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