math

the flour power bakery makes 200 cherry cheesecakes at a cost of $2.55 each. if a spoilage rate of 3% is anticipated, at what price should the cakes be sold to achieve a 35% markup based on cost?

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  1. 200 * 2.55 = $ 510
    510 * 1.35 = $688.50

    200 * .97 = 194

    688.5/194
    = $3.55

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