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?

Respuesta :


[tex]74 + 67 \\ 141 \times 40000 \\ 5640000 \\ 25 \sqrt{5640000 [/tex]
=225600 answer

Answer:

$1.76 each.

Step-by-step explanation:

A new cosmetic product costs 74 cents each to manufacture.

and 67 cents each to market.

Total cost of the product = 74 + 67 = 141 cents

1 dollar = 100 cents

141 cents = [tex]\frac{141}{100}[/tex] = $1.41

If each product be provide a profit of 25% of the price.

The new price will be = $1.41 + (25% × 1.41)

                                   = 1.41 + 0.3525

                                   =  $1.7625 ≈ $1.76

The price of each product on 25% profit must be $1.76 each.