Asked by chris
                The spoilage rate on a shipment of wheat is expected to be 20%. It was purchased at a cost of $5.35 per bushel. What should the selling price per bushel be to achieve a markup of 6% based on selling price? 
            
            
        Answers
                    Answered by
            oobleck
            
    0.94p = 5.35/.80
p = 7.11
    
p = 7.11
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