SOLUTION: Basit recieves 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 obtain a 75% profit on cost?
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Question 540888: Basit recieves 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 obtain a 75% profit on cost?
Answer by jpg7n16(66) (Show Source): You can put this solution on YOUR website!
To obtain a 75% profit on cost, you would then plug your cost and solve for the sales price.
=$1.43
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