Answer:
Cost price of each candy = $0.80, Selling price of each candy = $1.40
Step-by-step explanation:
Given:
Ramiro buys 50 packs of candy bars for $40 before a tax of 7.5%.
He sells each candy var for 175% of what he paid before tax.
Question asked:
How much does he buy each candy bar for ?
How much does he sell one for ?
Solution:
<u>By unitary method:</u>
Cost of 50 packs of candy bars = $40
Cost price of 1 pack of candy bars = ![\frac{40}{50} =\$0.8](https://tex.z-dn.net/?f=%5Cfrac%7B40%7D%7B50%7D%20%3D%5C%240.8)
Cost price of each candy = $0.80
Thus, he buy each candy bar for $0.80
Now:-
As he sells each candy var for 175% of what he paid before tax:-
Selling price of each candy = 0.80
175%
= ![0.80\times\frac{175}{100} =\frac{140}{100}=\$1.4](https://tex.z-dn.net/?f=0.80%5Ctimes%5Cfrac%7B175%7D%7B100%7D%20%3D%5Cfrac%7B140%7D%7B100%7D%3D%5C%241.4)
Thus, he sell one candy for $1.40