SOLUTION: 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 so
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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? Answer by josgarithmetic(39620) (Show Source):
You can put this solution on YOUR website! The cost for the entire 500 pounds grapes is . The result of the 60% markup ON THE COST would be revenue .
Five percent of the grapes expected to spoil, so only to be sold.
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