The Tie Shoppe paid $5901.79 for a shipment of 500 ties and wants to make a profit
Question:
The Tie Shoppe paid $5901.79 for a shipment of 500 ties and wants to make a profit of 40% of the cost on the whole shipment. The store is having two special sales. At the first sale it plans to sell 100 ties for $9.00 each, and at the second sale it plans to sell 150 ties for $12.50 each. What should be the selling price of the other 250 ties for the Tie Shoppe to make a 40% profit on the whole shipment?
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The profit must be 040590179 236072 With a 40 profit the total revenu...View the full answer
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Related Book For 
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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