Angie’s Bake Shop makes birthday chocolate chip cookies that cost $1.15 each. Angie expects that 10% of the cookies will crack and be discarded. Angie wants a 60% markup on cost and produces 100 cookies.
What should Angie price each cookie?
Angie should price the cookie $2.33/each. SOLUTION: 1.4(100)
140
100(.1)=10; 100-10=90
140(1.5)=210
210/90= $2.33/each.
Expert answered|
jeifunk|Points 11296|
Question
Asked 11/7/2013 6:17:46 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Rating
There are no new answers.