Question $7(2$ points$)$

Hank Hill is the assistant manager of Strickland Propane, which sells propane and

propane accessories. One of Hank's responsibilities as the assistant manager is to

keep track of the product margins and price levels. He is currently examining the

Jumbo Propane Tank. Accordingly, the tank holds $5$ gallons of propane, and the cost

of propane per gallon is $$5.$ The empty tank costs an additional $$20.$ Finally, the

direct labour of filling the tank with propane costs $$5.$ If the business wants to

achieve at least a $60\%$ margin on this product, what should the minimum price of the

Jumbo Propane Tank be$?$

$$150$

$$125$

$$115$

$$85$