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For how much must he sell the potatoes per pound

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Question: James McDonnell operates a vegetable store. He purchases 800 pounds of potatoes at a cost of $0.18 per pound. If he anticipates a spoilage rate of 20% of the potatoes and wishes to make a profit of 140% of the cost, for how much must he sell the potatoes per pound?

Reference no: EM131622521

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