Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Simon ordered 200 boxes of Fuji apples from China. He paid $28 per box for the apples. There were 60 fruits in each box and expected 15% of them to spoil. If he wants to make a profit of 80% on cost, what should be the selling price per fruit?

Sagot :

Answer:

He should sell 0.988$ per fruit.

Step-by-step explanation:

I. When 15% is rotten so find the remain of good fruits.

       15/100 = x/60

       15 * 60 = 100x

           900/100 = x

             x = 9

Good fruit = total - rotten

                 = 60 - 9

So good fruit is 51

II. Find profit of 80% on cost, when cost is 28$

           80/100 = x/28

            2,240 = x100

                   x = 22.4

Profit cost = 28 + 22.4

So profit cost is 50.4$

III. Find selling price per fruit, when good fruit is 51 and profit cost is 50.4

          50.4/51 = 0.988

So selling price per fruit is 0.988$

You can ask me for anything.