The answer is negative 40 over 9
1. The problem indicates that 300 pounds of oranges were purchased at $0.24 per pound, so the cost is:
300x$0.24=$72
2. A percent of 21% spoilage is expected, which means that 89% of 300 pounds of oranges left, is:
300x0.89=267 pounds of oranges
3. We want to calculate the selling price per pound of 267 pounds of oranges, so let's call this value "x":
Markup %=(Markup/cost)x100
Markup=267x-72
4. The desired markup, based on selling price, is 50%. So, when we substitute the values, we obtain:
(267x-72/72)x100=50
5. Let's clear the "x":
(26700x-7200/72)=50
26700x-7200=50x72
26700x-7200=3600
26700x=3600+7200
x=10800/26700
x=$0.40
x=40 cents
What should the selling price per pound be?
The answer is: 40 cents or $0.40
Question:
A grocery store has 120 bottles of spring water in stock. The store orders bottles of spring water in cases of 24. The store wants to order enough cases of spring water so it has more than 500 bottles in stock. Which inequality best models this situation?
A. 24x + 120 > 500
B. 24x - 120 > 500
C. 24x + 500 > 120
D. 24(x+120) > 500
Answer:
Option A. 24x + 120 > 500 is the inequality that best models this situation.
Step-by-step explanation:
The Number of bottles of spring water in the stock = 120
Each case of the spring water bottles contains 24 bottles
The store wants to order enough cases of spring water so that it has over 500 bottles in stock.
So there are already 120 bottles in stock .
The store will order
24x +120 > 500
where x is the number of spring water bottle cases