Question: Can you explain this using the Markup formula and how this is solved. I tried but this is my last resort. Thank you! Problem #2.

Can you explain this using the Markup formula and how this is solved. I tried but this is my last resort. Thank you!

Problem #2. You make 100 fancy chocolate tarts for Valentine's Day bake sale at a cost of $3.10 each. If a spoilage rate of 7% is anticipated, at what price should you sell the tarts to achieve 42.5% markup based on cost

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