medium · GMAT Quantitative Reasoning
A merchant buys a crate of 100 apples for $50. Of these, 10% are rotten and cannot be sold.
At what price per apple must the merchant sell the remaining apples to achieve a 44% profit margin on the total cost?
- $0.72
- $0.55
- $0.88
- $0.80
- $0.66
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