Question

A store pays $2.50 per pound for cat liter. One cubic foot of cat liter weighs about 48 pounds. What is the selling price of cat liter in the container shown when the markup is 20%?

Answer 1

Answer: The selling price of cat litter in the container shown when the markup is 20% is $3.00 per pound.

Explanation:

One cubic foot of cat litter weighs about 48 pounds, so the weight of one pound of cat litter is 1/48 cubic feet.

The store pays $2.50 per pound for cat litter, so the cost of one pound of cat litter is $2.50.

To find the selling price with a 20% markup, we add 20% of the cost to the cost.

20% of $2.50 is $0.50.

So, the selling price per pound is $2.50 + $0.50 = $3.00.

Hope this helps, and have a great day!