
Andy C. answered 11/05/18
Math/Physics Tutor
Trick question...
it does not say anything about wanting to make up for the lost capital
due to spoilage.
50% markup is $0.36 per basket
Michael B.
asked 11/05/18A retailer knows that 10% of the berries purchased will spoil and must be thrown out. If they buy 100 baskets of berries for $0.24 per basket and want a markup of 50% on selling price, find the selling price per basket of berries.
Andy C. answered 11/05/18
Math/Physics Tutor
Trick question...
it does not say anything about wanting to make up for the lost capital
due to spoilage.
50% markup is $0.36 per basket
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