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(Solved): Aunt Sally’s “New Orleans Most Famous Pralines†Sells Pralines Costing $1.15 Each To Make. If ...
Aunt Sally’s “New Orleans Most Famous Pralines†sells pralines costing $1.15 each to make. If Aunt Sally’s wants a 25% markup based on selling price and produces 40 pralines with an anticipated 16% spoilage, what should each praline be sold for? (Use your unrounded "number of units available for sale" value (after accounting for spoilage). Round your answer to the nearest cent.)
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Solution :- Cost of Producing one praline = $ 1.15 If 40 Praline is cost will be (40* $1.15) = $46 Required Mark Up on sale = 25% Thus, if sale is 100 Mark up will be equal to 25 ( 25% of 100) and,
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