sells a quantity of 20 for $15 to a retailer who sells each brush for $1.50. Calculate the percentage by which the price per brush increases at each step.
sells a quantity of 20 for $15 to a retailer who sells each brush for $1.50. Calculate the percentage by which the price per brush increases at each step.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hi. Can you mind to help me please. Thanks

Transcribed Image Text:16. A manufacturing company produces brushes and
sells 500 for $300 to a wholesaler. The wholesaler
sells a quantity of 20 for $15 to a retailer who sells
each brush for $1.50. Calculate the percentage by
which the price per brush increases at each step.
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