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In downtown Boston, a bakery produces 200 bagels

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June 8th, 2024

In downtown Boston, a bakery produces 200 bagels a day at a cost of $ 0.20 each. It’s expected that 15% of the bagels will spoil before being sold. Assuming the bakery expects to make a 40% markup on its cost, what should the selling price of each bagel be?

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