SOLUTION: I am having a problem getting this to translate into an equation. Any help is appreciated! Thanks! Problem #36 If a box of candy costs a retailer $2.50, and he wants to make a

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: I am having a problem getting this to translate into an equation. Any help is appreciated! Thanks! Problem #36 If a box of candy costs a retailer $2.50, and he wants to make a      Log On


   



Question 56559This question is from textbook Elementary and Intermediate Algebra
: I am having a problem getting this to translate into an equation. Any help is appreciated! Thanks!
Problem #36
If a box of candy costs a retailer $2.50, and he wants to make a profit of 50% based on the selling price, what price should he charge for the candy?
This question is from textbook Elementary and Intermediate Algebra

Answer by tutorcecilia(2152) About Me  (Show Source):
You can put this solution on YOUR website!
If a box of candy costs a retailer $2.50, and he wants to make a profit of 50% based on the selling price, what price should he charge for the candy?
Find 50% of $2.50: (2.5)(.50)=$1.25
Add the 50% profit to th retail price: $2.50+$1.25=$3.75 price to charge.