Problema Solution
7. At Ree Ski Center, the most people will pay for a neck warmer is $10. The manager of Ree Ski Center knows he needs a 30% markup based on cost. What is the most the manager can pay the suppliers for neck warmers and still keep the selling price at $10?
Answer provided by our tutors
let x = the money the manager needs to pay to suppliers
x + 0.30x <= 10
by solving we find:
x <= $7.69
click here to see the step by step solution of the inequality:
the manager will pay $7.69 the most to the suppliers.