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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|
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Asked 11/7/2013 6:17:46 PM
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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. 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.
Added 6/5/2022 2:39:47 PM
This answer has been confirmed as correct and helpful.
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