Question 182313
30(.15)=4.5 gallons of spoilage
:
30-6=25.5....number of gallons that can be sold due to spoilage
:
cost is 30 * 1.58 = $47.4
:
markup is 47.4+47.4(.2)=47.4+5.48= 52.88.....this is the markup amount at 20% markup
:
so now we need to divide the markup by the number of gallons we can sell to find out price per gallon
:
52.88/25.5=$2.07/gal