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Anettt
5 days ago
12

Smoothie Stand at Utah’s Wasatch County’s Demolition Derby sells bananas. If John bought 55 lbs. of bananas at $.24 per pound ex

pecting 10% to spoil, how should he price his bananas to achieve 59% on selling price?
Mathematics
2 answers:
Zina [12K]5 days ago
6 0
Answer: $0.2332 per pound. Explanation in detail: John runs a smoothie stand selling bananas. He purchased 55 pounds at $0.24 per pound, anticipating a 10% spoilage rate. The total cost for the bananas totaled $13.20. A 59% markup indicates that he should multiply the purchase cost by 1.59, yielding $20.988 as the desired selling price. Since he expects 10% of the bananas to spoil, he can only sell 90% of them, which means 90 pounds are sellable. Dividing the total sales price ($20.988) by the number of good bananas (90 pounds) provides the price he should charge per pound, which equals 0.2332. Therefore, John should aim to charge around $0.2332 for each pound.
Svet_ta [12.3K]5 days ago
6 0
Assuming the 59% achievement pertains to markup, if the bananas are priced at $0.24 or 24 cents per pound, then a 59% markup equals just 59% of 0.24. To find this value, you take (59/100) * 0.24, resulting in 0.1416. Consequently, by adding 0.1416 to 0.24, the selling price would become 0.3816, therefore approximately 38 cents per pound.
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1 month ago
Read 2 more answers
Exhibit: Department Store.
Inessa [12221]
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