John’s Smoothie Stand at Utah’s Wasatch County’s Demolition Derby sells bananas. If John bought 52 lbs. of bananas at $.28 per pound expecting 10% to spoil, how should he price his bananas to achieve a 59% markup on selling price? (Round your answer to the nearest cent.)

Respuesta :

lucic

The sell price should be ; $20.84

Step-by-step explanation:

Total number of pounds bought= 52

Spoil percent is 10%

Pounds that remained after spoil= 90/100 * 52 = 46.8 lb

Price of banana per pound= $0.28

Cost of buying = 46.8*0.28 =$13.10

Mark up expected =59%

Increase $13.10 by 59%

=159/100 * 13.10 = $20.84

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Keywords : sells, bananas, spoil, mark up, selling price

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