SOLUTION: basit receives 400kg of guavas, for which he pays $0.75 per kg. on average 8% of them will spoil. find the selling price per kg to abtain a 75%profit on cost.

Question 809564: basit receives 400kg of guavas, for which he pays $0.75 per kg. on average 8% of them will spoil. find the selling price per kg to abtain a 75%profit on cost.
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
Cost Paid: 400(0.75) dollars.

Revenue to Basit:
where p is the selling price, in dollars per kg.
Basit wants revenue to be , which is 75 percent more than what he spent in "cost paid".

, find p.

Approximately or
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