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The spoilage rate on a shipment of 100 pounds of bananas is expected to be 20%. They were purchased at a cost of $0.28 per
The spoilage rate on a shipment of 100 pounds of bananas is expected to be 20%. They were purchased at a cost of $0.28 per pound. What should the selling price per pound be to achieve a markup of 14% based on selling price? (Round your answer to the nearest cent.) O $0.31 O $0.33 O $0.41 O $0.46
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