A new cosmetic product costs 74 cents each to manufacture, and 67 cents each to market. If 40,000 will be sold, what must the price of each product be to provide a profit of 25% of the price?
Question
Answer:
[tex]74 + 67 \\ 141 \times 40000 \\ 5640000 \\ 25 \sqrt{5640000 [/tex]
=225600 answer
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11 months ago
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