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19 November, 21:50

Cindy's Gift Shoppe purchased 8-inch candles at $9.95 a dozen, less a 25 percent trade discount. If the owner wishes to sell the candles at a 35 percent makeup, what should be the selling price of each dozen?

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  1. 19 November, 23:18
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    The first thing you should do for this case is to take 35% out of 9.95

    We have then

    (0.35) * (9.95) = 3.4825

    Then, we must add this value from the original price of a dozen

    9.95+3.4825 = 13.4325

    less a 25 percent trade discount

    13.4325 * (1-0.25) = 10.074375

    answer

    the selling price of each dozen should be $ 10.074375
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