The Vending Machine Company buys one dozen sodas for $6. Their standard markup rate is 250%. Based on this markup rate, how much will the Vending Machine Company sell each soda for? What would their markup rate need to be if they only wanted to charge $1.00 per soda?

Answer rating: 100% (QA)

Given Cost per dozen of soda6 Markup rate250 Now there are 12 units in a dozen thus the price ... View the full answer