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April 16, 2014

April 16, 2014

Posted by **unknown** on Monday, November 3, 2008 at 8:09am.

I say $ 2.19 per gallon

- math -
**Dr Russ**, Monday, November 3, 2008 at 8:32amThe cost of the milk to the store is

30 x $1.58 = $47.40

To recover the cost of the milk if 15% lost then the cost per gallon is

$47.40/25.5 = $1.86 per gallon

$1.86/0.80 = $2.35 per gallon

which is %20 markup based on selling price.

20% markup of cost will give a different result.

...check my maths though!

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