SOLUTION: simon ordered 200 boxes of Fuji apples from china.he paid $28 per box for the apples. there were 60 fruits in each box and he expected 15% of them yo spoil. if he wants to make a p

Question 549274: simon ordered 200 boxes of Fuji apples from china.he paid $28 per box for the apples. there were 60 fruits in each box and he expected 15% of them yo spoil. if he wants to make a profit of 80% on cost what should be the selling price per fruit?

Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
simon ordered 200 boxes of Fuji apples from china.he paid $28 per box for the apples.
there were 60 fruits in each box and he expected 15% of them yo spoil.
if he wants to make a profit of 80% on cost what should be the selling price per fruit?
:
Find the total cost of the apples: 28 * 200 = $5,600
Find how much he should receive to realize an 80% profit: 1.80*5600 = $10,080
:
Find how many boxes he has after 15% of them spoil: .85(200) = 170 boxes
Find how many apples he has: 170*60 = 10200 apples
:
Let x = amt he should charge to make the required amt
10200x = $10080
x =
x = $.99 per apple to make at least the required amt of $10,080
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