SOLUTION: Produce in a food market usually has a high markup because of loss due to spoilage. If a head of lettuce cost a retailer $.50 at what price should it be sold to realize a profit o

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Produce in a food market usually has a high markup because of loss due to spoilage. If a head of lettuce cost a retailer $.50 at what price should it be sold to realize a profit o      Log On


   

Question 74252This question is from textbook Elementary algebra
: Produce in a food market usually has a high markup because of loss due to spoilage. If a head of lettuce cost a retailer $.50 at what price should it be sold to realize a profit of 130% of the cost?
 This question is from textbook Elementary algebra

Answer by checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
.50+(.50*1.30)
.50+.65
$1.15 FINAL PRICE.