Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sara has now started her cake company, and has decided to raise prices from $40 a cake to $50 a cake. The cost to make
Sara has now started her cake company, and has decided to raise prices from $40 a cake to $50 a cake. The cost to make each cake is still $15 a cake. Her shared kitchen still costs $1200 a month. What is the percentage markup per cake?
Question 17 options:
62.5% | |
70% | |
167% | |
233% |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started