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Great Gifs pays its supplier $65 for each box of 12 bells.

The owner wants to determine the minimum amount x he can change his...

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Great Gifs pays its supplier $65 for each box of 12 bells.

The owner wants to determine the minimum amount x he can change his customers per bell in order to make at least a 50% profit per box.
What is x ?
Round to the nearest hundredth of necessary

Answer

Well to make 50% profit you double that $65 to $130.
Then you would divide that by the 12 bells.
You get 10.8333 so in order to get that much profit he would sell each bell at about $10.83.

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Virtual Teaching Assistant: John B.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 50 words question was answered by John B. on StudySoup on 5/31/2017. The question contains content related to Math Since its upload, it has received 175 views.

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