Jose bought 750 bags of peanuts for $375.00. he intends to sell each bag for $0.15 more than he paid. how much should he charge for each bag? $0.35 $0.50 $0.55 $0.65

Jose should charge the sum of the purchase price of each peanut and the Markup value of $0.15, Hence, he'll charge $0.65 per bag

Given the Parameters :

The price per bag of peanut = Total price / number of bags

Price per bag = $375 / 750 = $0.50

The sale price per bag of peanut can be calculated thus :

Price per bag + Markup

$0.50 + $0.15 = 0.65

Therefore, the price per bag of peanut will be $0.65

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