Mcsaw’s ice cream makes muffins that cost $.60 each. past experience shows that 10% of the muffins will become stale and have to be discarded. assume mcsaw wants a 55% markup based on cost and produces 100 muffins. what should each muffin sell for? round to nearest cent.

Well, due to that 10% of the muffins get wasted and do not sell,
plus work that goes into it, the price of the ice-cream is  not 0.60,
but 55% more, or markup above that cost value

so... how much would each muffin sell for? well, each muffin will be,
0.60 + 55% of 0.60

how much is 55% of 0.60?


get the 55%, and add it to the 0.60, that's how much each will sell for