Question

500 pounds of apples were purchased at $0.35 per pound. The desired markup is 30% based on selling price, but 18% spoilage is expected. What should the selling price per pound be?

Answer 1

after spoilage, only 410 lbs remain.
500 lbs cost 175.00
30% markup means that the 410 lbs must sell for $227.50
so, ...