SOLUTION: A store bought 10 vases for $15 each from supplier A. It bought 40 vases for $12.5 each from supplier B. Its profit margin is supposed to be 10%. How much should the selling pric

Question 357814: A store bought 10 vases for $15 each from supplier A. It bought 40 vases for $12.5
each from supplier B. Its profit margin is supposed to be 10%. How much should the
selling price for each vase be?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
10 vases for $15 each from supplier A. It bought 40 vases for $12.5
each from supplier B. Its profit margin is supposed to be 10%. How much should the selling price for each vase be?
..
$10 ----15 vases
$12.5 --40 vases
...
total cost = 150+500= 650
...
10 % margin
100 -----------110
650 ------------?
...
110/100 * 650
= $715 for 55 vases
..
Sale price for each should be 715/55
13
$13 for each vase should be the sale price.
...
m.ananth@hotmail.ca

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