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Arley s Bakery makes fat - free cookies that cost $ 1 . 6 0 each. Arley expects 2 5 % of the cookies to

Arley

s Bakery makes fat

-

free cookies that cost $

1.60

each. Arley expects

25 %

of the cookies to fall apart and break. Assume that Arley can sell the broken cookies for $

1.50

each. Arley wants a

40 %

markup on cost and produces

200

cookies. What price should Arley charge for each unbroken cookie?

Note: Round your answer to the nearest cent.

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