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Math

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500 pounds of apples were purchased at $0.35 per pound. The desired markup is 30% based on selling price, but 18% spoilage is expected. What should the selling price per pound be?

  • Math -

    after spoilage, only 410 lbs remain.
    500 lbs cost 175.00
    30% markup means that the 410 lbs must sell for $227.50
    so, ...

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