document.write( "Question 1020771: Michelle, a product buyer for t and c market purchased 500 pounds of grapes for .39 cents per pound. She estimates that approximately 5% of the grapes will spoil before they are sold. If the market requires a 60% markup on cost, at what price per pound must the grapes be sold? \n" ); document.write( "

Algebra.Com's Answer #636693 by josgarithmetic(39620) $\"\"$ $\"About$

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The cost for the entire 500 pounds grapes is $\"500%2A%280.39%29%2Adollars=195%2Adollars\"$ . The result of the 60% markup ON THE COST would be revenue $\"195%2A%281.60%29=312%2Adollars\"$ .\r
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\n" ); document.write( "\n" ); document.write( "Five percent of the grapes expected to spoil, so only $\"0.95%2A500=475%2Apounds\"$ to be sold.\r
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\n" ); document.write( "\n" ); document.write( "PRICE NEEDED:
\n" ); document.write( "312 dollars, 475 pounds,
\n" ); document.write( " $\"%28312%2F475%29%28dollars%2Fpound%29=highlight%280.66%2A%28dollars%2Fpound%29%29\"$ \n" ); document.write( "

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