Question

Belle's Bake Shop makes croissants that cost $1.75 each. Past experience shows that 10 percent of croissants will spoil and have to be discarded. Assuming Belle wants a 45 percent markup based on cost and produces 300 croissants, each croissant should sell for what?

Answer 1

So let R=revenue, P=price, then
R = 270P=300(1.75)(1.45)

Answer 2

Rationale for the equation above: Revenue is price times units sold. 300 produced, 10% spoilage, 270 sold. That equals the cost (three hundred times 1.75) times 145% needed to make the desired profit.

Answer 3

you are probably right I just hate how this question is worded

Answer 4

It isn't clear at all

Answer 5

I think the question is fine, it's just not perfectly straightforward; a lot like problems you meet out in "real life."