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A market buys bags of mixed candy for $12.50 per pound. The market wants to make a profit of 22%.
What should the retail price be in order for them to achieve this profit?

Respuesta :

spaceqwerty

Answer:

$15.25

Step-by-step explanation:

100% = 12.5

1% = 0.125

22% = 2.75

12.5+2.75=15.25

First you have to know how much 22% equals

[tex]12.5(0.22)=2.75\\[/tex]

Now that we know how much it is equivalent to, we just have to add the equivalence to the initial value

[tex]12.5+2.75=15.25[/tex]

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