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500 Pounds of Apples Were Purchased at $0

Question 76

Multiple Choice

500 pounds of apples were purchased at $0.35 per pound. The desired markup is 30% based on selling price, but 18% spoilage is expected. What should the selling price per pound be? (Round your answer to the nearest cent)


A) $0.46
B) $0.61
C) $0.55
D) $0.50

Correct Answer:

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