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Lucy's Bakeshop Makes Cupcakes That Cost

Question 109

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Lucy's Bakeshop makes cupcakes that cost $.95 each. Lucy knows that 20% of the cupcakes will spoil. Assume Lucy wants a 35% markup on cost and produces 60 cupcakes. What should Lucy charge for each cupcake? Round to the nearest cent.

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TC = .95 × 60 = 57; TS = 57 + ...

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