Question

If a farmer makes $60,000 selling strawberries at $4.00 per quart. How much will he have to increase his price per quart if he wants to make $70,000?

Answer 1

the price per quart needs to be 4.67$, which means an increase of 0.67$ per quart

Explanation:

4$→60000$

x→70000$

x=4×70000/60000=4.6666666≈4.67$

price increase=final price-initial price=4.67$-4$=0.67$