document.write( "Question 56728: A farmer's market has purchased 60 pumpkins for a total cost of $240.00. They expect that 20% of these pumpkins will remain unsold and that another eight will have to be sold at cost. If they wish to earn 30% gross profit on cost, what should be the selling price of the pumpkins? \n" ); document.write( "
Algebra.Com's Answer #38514 by ankor@dixie-net.com(22740)\"\" \"About 
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A farmer's market has purchased 60 pumpkins for a total cost of $240.00. They expect that 20% of these pumpkins will remain unsold and that another eight will have to be sold at cost. If they wish to earn 30% gross profit on cost, what should be the selling price of the pumpkins? \r
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\n" ); document.write( "\n" ); document.write( "60 - .20(60) = 48 pumpkins are sold
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\n" ); document.write( "8 are sold at cost: 8*240/60 = $32
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\n" ); document.write( "48 - 8 = 40 are sold at a profit
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\n" ); document.write( "30% profit: 1.3*240 = $312 has to be obtained from the total sales
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\n" ); document.write( "$32 received from the 8 pumpkins sold at cost>
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\n" ); document.write( "312 - 32 = $280 has to be obtained from the remaining 40 pumpkins
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\n" ); document.write( "280/40 = $7 for each pumpkin\r
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