Answer:
The Facility cost for each spark plug is $1.4.
Step-by-step explanation:
Given:
Mark up cost = 25%
Charges for each spark plugs for customers = $1.75
We need to find the cost of each spark plug for the facility.
Solution:
Let the Facility cost of each spark plug be 'x'.
So we can say that;
Markup cost = [tex]25\% \times x= \frac{25}{100}x =0.25x[/tex]
So we can say that;
Facility cost of each spark plus the Markup cost is equal to cost facilty charges for customer.
framing in equation form we get;
[tex]x+0.25x =1.75\\\\1.25x =1.75[/tex]
Dividing both side by 1.25 we get;
[tex]\frac{1.25x}{1.25}=\frac{1.75}{1.25}\\\\x= \$1.4[/tex]
Hence the Facility cost for each spark plug is $1.4.