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goji.go goji.go
wrote...
Posts: 5977
10 years ago
A manufacturer produces 200 units of a product at a total cost of $1,000. If the manufacturer wants to make a markup of 10 percent, the price per unit would be ________.
A) $6.00
B) $5.50
C) $5.00
D) $4.50
E) $0.50
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2 Replies
Diesel
Replies
wrote...
Valued Member
On Hiatus
10 years ago
The average cost of the product is: 1000/200=5$.
Since the markup must be 10%, the price should be: 5+(10/100)*5=5.5$.
Answer accepted by topic starter
goji.go Authorgoji.go
wrote...
Top Poster
Posts: 5977
10 years ago
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Diesel

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