Question

The O! Natural Company sells a juice 1-gallon Bottles. The current retail price of the juice is $3.50 for 1 gallon. In order to remain competitive, the company will decrease the price to $3.20.

A. What percent of the original price are consumers going to pay?

B Suppose the company's cost per 1 gallon is $2.70. What is the markup if they sell each gallon at $3.20?

What is the markup if they sell each gallon at $3.50?

Answer 1

look below

Explanation:

the percent of the original price customers are paying is 91% (or rounded to 90%).

markup: 1.18% rounded to 1.2%.

markup:1.3%