Short Answer
Lien, the proprietor of a grocery store, prepares her Deluxe Nut Combo by mixing various ingredients she buys in bulk. The second column of the following table presents the amount of each ingredient Lien uses in making a batch of the Combo mix. In order to set the retail price of the Deluxe Nut Combo at 150% of her cost, Lien must determine her cost based on the average wholesale cost of the ingredients given in the third column. 
a. What is Lien's average cost per 100 g of her Deluxe Nut Combo?
b. What is her retail price per 100 g?
Correct Answer:
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a) $0.5433...View Answer
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