Answer:
Cost price of each candy = $0.80, Selling price of each candy = $1.40
Step-by-step explanation:
Given:
Ramiro buys 50 packs of candy bars for $40 before a tax of 7.5%.
He sells each candy var for 175% of what he paid before tax.
Question asked:
How much does he buy each candy bar for ?
How much does he sell one for ?
Solution:
By unitary method:
Cost of 50 packs of candy bars = $40
Cost price of 1 pack of candy bars = [tex]\frac{40}{50} =\$0.8[/tex]
Cost price of each candy = $0.80
Thus, he buy each candy bar for $0.80
Now:-
As he sells each candy var for 175% of what he paid before tax:-
Selling price of each candy = 0.80 [tex]\times[/tex] 175%
= [tex]0.80\times\frac{175}{100} =\frac{140}{100}=\$1.4[/tex]
Thus, he sell one candy for $1.40
