SOLUTION: Prestige Produce purchases 460 pounds of sweet potatoes at $0.76 per pound. If a 10% spoilage rate is anticipated, at what price per pound should the sweet potatoes be sold to achi

Question 957513: Prestige Produce purchases 460 pounds of sweet potatoes at $0.76 per pound. If a 10% spoilage rate is anticipated, at what price per pound should the sweet potatoes be sold to achieve a 35% markup based on selling price?
Found 2 solutions by josgarithmetic, MathTherapy:
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
dollars purchase cost of the sweet potatos.

pounds of sweet potatos to sell.

The desired markup is to be able to sell all the available potatos for , or ....not the best understanding.

Selling price must be more than .
Selling price wanted is for a 35% markup:
, the selling price wanted, to get 35% markup on the available potatos to be sold.
Answer by MathTherapy(10552) (Show Source): You can put this solution on YOUR website!
Prestige Produce purchases 460 pounds of sweet potatoes at $0.76 per pound. If a 10% spoilage rate is anticipated, at what price per pound should the sweet potatoes be sold to achieve a 35% markup based on selling price?

To obtain a 35% markup on cost, price should be: per lb
RELATED QUESTIONS
Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.35 each. If a spoilage rate (answered by Edwin McCravy)
A 5 pound of potatoes cost $3.25 What is theprice per pound for... (answered by algebrahouse.com)
Four pounds of onions cost the same as 2 pounds of string beans. At the same time, 1... (answered by josmiceli)
You are attending Thanksgiving at your family member's house and agreed to bring two side (answered by ikleyn)
The advertisement price of potatoes is 35 cents per pound. If a 3-pound bag actually... (answered by ewatrrr)
Given that the daily cost of production for x pounds of candy by Sweet Candy is... (answered by meganzoe)
Hi How many pounds of white chocolate at $4.48 per pound is mixed with 20 pounds of nuts (answered by ikleyn)
"x" pounds of candy valued at $3.50 per pound is mixed with "y" pounds of candy valued at (answered by stanbon)
x pounds of candy valued at $3.50 per pound is mixed with y pounds of candy valued at... (answered by mananth,josgarithmetic)