BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pete’s Produce pays $0.35 per pound for 500 pounds of mangos. On average, 8% of the mangos will spoil before they sell. Find the selling price per pound needed to obtain a175% markup on cost.
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$1.25
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$0.68
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$1.05
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$0.98
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Explanation:
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