SOLUTION: Produce in a food market usually has a high markup because of loss due to spoilage. If a head of lettuce cost a retailer $.50 at what price should it be sold to realize a profit o

SOLUTION: Produce in a food market usually has a high markup because of loss due to spoilage. If a head of lettuce cost a retailer $.50 at what price should it be sold to realize a profit o

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Question 74252This question is from textbook Elementary algebra
: Produce in a food market usually has a high markup because of loss due to spoilage. If a head of lettuce cost a retailer $.50 at what price should it be sold to realize a profit of 130% of the cost?
This question is from textbook Elementary algebra

Answer by checkley75(3666) (Show Source): You can put this solution on YOUR website!
.50+(.50*1.30)
.50+.65
$1.15 FINAL PRICE.
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