Mrs. Merton has decided to set up a pie making business. To set herself up...
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Finance
Mrs. Merton has decided to set up a pie making business. To set herself up in business she must purchase equipment totalling $200, plus each pie that she makes costs her 25 cents. She is planning to sell her pies for $1.50 each. If she only manages to sell 100 pies, what is her total loss?
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