A fruit seller bought 2000 quarts of berries at 80 cents per quart. If 1/4 of the berries become too ripe for sale, what should be the selling price per quart of the remainder so that the gross profit will be 20 percent of the total cost? (A) $0.25 (B) $0.80 (C) $1.00 (D) $1.2
A fruit seller bought 2000 quarts of berries at 80 cents per quart. If 1/4 of the berries become too ripe for sale, what should be the selling price per quart of the remainder so that the gross profit will be 20 percent of the total cost? (A) $0.25 (B) $0.80 (C) $1.00 (D) $1.2
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 6RE: Hsu-Mei wants to save 5,000 for a down paymenton a car. To the nearest dollar, how much will sheneed...
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A fruit seller bought 2000 quarts of berries at 80 cents per quart. If 1/4 of the berries become too ripe for sale, what should be the selling price per quart of the remainder so that the gross profit will be 20 percent of the total cost?
(A) $0.25
(B) $0.80
(C) $1.00
(D) $1.28
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