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A local Dunkin Donuts makes blueberry muffins that cost $.69 each. Past experience shows that 15% of the muffins will spoil and have to be discarded. Assuming this donut shop wants a 30% markup based on cost and produces 200 muffins, each muffin should sell for:
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lets see. make 200 muffins, 15% spoil so 15% of 200 = .15 times 200 = 30 spoil. therefore they will sell 170 muffins. it cost them .69 times 200 = $138 to make the 200 muffins and they want a 30% markup so they want to make 1.30 times $138 = $179.40
so the price per muffin should be \[]\frac{179.40}{170}=$1.055\] or about $1.06 rounded
I am working the problem but I seem to get mine wrong ugh I just cant get it..
what are you doing?
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