The manager of a produce market purchased a quantity of tomatoes for $0.80 per pound. Due to improper handling, 15 percent of the tomatoes, by weight, were ruined and discarded. At what price per pound should the manager sell the remaining tomatoes if she wishes to make a profit on the sale of the tomatoes equal to 8 percent of the cost of the tomatoes.
Options.
A) $0.94 B) $0.96 C) $0.98 D) $1.02 E) $1.20
Assume the manager bought 100 tomatoes.   Cost Price = 80   Given: 15% are damaged --&gt; Available tomatoes to sell = 85   85 * x - 80 = 0.08 * 80   85x - 80 = 6.4   85x = 86.64   x = 86.64/85 = 87/85 (approx) = 1.023   x is slightly under 1.023 = 1.02   Answer: $1.02
<result>D</result>
The manager of a produce market purchased a quantity of tomatoes for $0.80 per pound. Due to improper handling, 15 percent of the tomatoes, by weight, were ruined and discarded. At what price per pound should the manager sell the remaining tomatoes if she wishes to make a profit on the sale of the tomatoes equal to 8 percent of the cost of the tomatoes.