Determine the price per pound that the potatoes must sell

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Question: Brenda Wimberly calculates the selling price for all produce at Quick Stop Produce. If 400 pounds of potatoes were purchased for $0.13 per pound and 18% of the potatoes were expected to spoil before being sold, determine the price per pound that the potatoes must sell for if a profit of 120% of the purchase price is desired.

Reference no: EM131622588

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