Guest: You run a store. You sell 5 phone cases for $12.99 each a day with 7% tax
tax on each. You also sell 1 phone a day for $299.99 with 9% tax. Lastly 3
chargers for $4.99 each with 5% tax. Your daily expense is $450.67. What
should be increased in price but not so much to drive the costumers away?
Well, I am not sure.
I guess you would add up all the sale prices
I don't think that you would include tax because I am assuming that this has to go straight to the government.
If this is less than your expenses (which it is by $70.76 I think) then you are making a loss. No one can run a sucessful business like that!
So you have to charge enough extra to stop the loss and a little more to make a profit.
Is that the answer that you wanted?