the flour power bakery makes 200 cherry cheesecakes at a cost of $2.55 each. if a spoilage rate of 3% is anticipated, at what price should the cakes be sold to achieve a 35% markup based on cost?

Answer 1

200 * 2.55 = $ 510
510 * 1.35 = $688.50

200 * .97 = 194

688.5/194
= $3.55