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May 25, 2015

Homework Help: Math

Posted by Tha on Monday, August 10, 2009 at 11:45pm.

Bosley's Pet Foods buys dog kibbl for $19.50 per bag, less 40%. The store's overhead is 33 1/3% of the selling price, and the desired profit is 10% of the selling price.

(a) At what price per bag should the dog food be sold?

(b) At this price, what is the rate of markup on cost?

(c) What is the break-even price?

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