Club needs to Raise 20,000 dollars by selling chocolate bars One box has 20 chocolate bars One bar - 2.5 dollar including 12.5 % markup. Club keeps 12.5% markup. Chocolate bar company donates 5dollars for each full box of chocolates sold. What many chocolate boxes need to be sold to raise 20,000 dollars. Thanks

## Your answer

 Your name to display (optional): Email me at this address if my answer is selected or commented on: Privacy: Your email address will only be used for sending these notifications. Anti-spam verification: To avoid this verification in future, please log in or register.

## 1 Answer

One box of chocolates including markup sells for 20×2.5=\$50. The cost of a box without markup = 50/1.125=\$44.44.

So the markup for one box is 50-44.44=\$5.56. These are approximate figures. The markup is more accurately given by 50/9 dollars. The company’s \$5 donation to the club raises the amount to \$10.56 per box (95/9).

To raise \$20000, we need 20000/10.56=1894.74 boxes to be sold, so 1895 boxes will raise \$20,011.20.

by Top Rated User (721k points)

1 answer
1 answer
1 answer
1 answer
2 answers
1 answer
1 answer
1 answer
1 answer
2 answers