A baker makes 500 cream-filled eclairs at a cost of 072, Ask an Expert

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A baker makes 500 cream-filled eclairs at a cost of $0.72 each. He estimates that 10% of the eclairs will be sold the following day at a reduced price of $0.80 each. Find the marked price if the baker wishes to obtain a 75% markup on cost.
A. $1.27

B. $1.31

C. $1.33

D. $1.45

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9616986

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