Question: Word Problem 8 - 3 8 ( Algo ) [ LU 8 - 3 ( 2 ) ] Arley s Bakery makes fat - free

Word Problem 8-38(Algo)[LU 8-3(2)]
Arleys Bakery makes fat-free cookies that cost $1.60 each. Arley expects 25% of the cookies to fall apart and be discarded. Arley wants a 40% markup on cost and produces 200 cookies. What should Arley price each cookie?
Note: Round your answer to the nearest cent.

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