Question 357814
10 vases for $15 each from supplier A. It bought 40 vases for $12.5
each from supplier B. Its profit margin is supposed to be 10%. How much should the selling price for each vase be?
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$10 ----15 vases
$12.5 --40 vases
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total cost = 150+500= 650
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10 % margin 
100 -----------110
650 ------------?
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110/100 * 650
= $715 for 55 vases
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Sale price for each should be 715/55
13
$13 for each vase should be the sale price.
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m.ananth@hotmail.ca