# math

Epicure Market prepares fresh gourmet entrees each day. On Wednesday, 80 baked chicken dinners were made at a cost of \$3.50 each. A 10% spoilage rate is anticipated. At what price should the dinners be sold to achieve a 60% markup based on selling price

1. 80 entrees cost \$280
You only get to sell 72, due to spoilage.

You want your costs to be only 40% of the selling price.

280 = .4s
s = 700
So, to sell 72 entrees for \$700, you need to charge \$9.72 each.

posted by Steve

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