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300 Pounds of Oranges Were Purchased at $0

Question 31

Multiple Choice

300 pounds of oranges were purchased at $0.24 per pound. The desired markup is 50% based on selling price, but 21% spoilage is expected. What should the selling price per pound be? (Round your answer to the nearest cent)


A) $0.61
B) $0.47
C) $0.52
D) $0.55

Correct Answer:

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