900 bags of onions were purchased at $2.51 per bag. The desired markup is 49% based on selling price, but 20% spoilage is expected. What should the selling price per bag be (in $ per bag)? (Round your answer to the nearest cent.)

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 32A: A manufacturer estimates that 15,500 pieces per day could be produced with the installation of new...
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900 bags of onions were purchased at $2.51 per bag. The desired markup is 49% based on selling price, but 20% spoilage is expected. What should the selling price per bag be (in $ per bag)? (Round your answer to the nearest cent.)

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