Aisha bought cans of drink for \( \$ 1.20 \) each. She wants to sell these cans to make a profit of \( 15 \% \). Work out how much she should sell each can for.
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To find out how much Aisha should sell each can for, she needs to calculate 15% of the original price of \( \$ 1.20 \) and then add that to the original price. First, calculate 15% of \( \$ 1.20 \): \[ 0.15 \times 1.20 = 0.18 \] Now, add this to the original price: \[ 1.20 + 0.18 = 1.38 \] So, Aisha should sell each can for \( \$ 1.38 \). To boost her sales, Aisha might consider special promotions or bundle deals that could attract more customers. If she creates a fun marketing campaign around her drinks, like themed flavors or seasonal offers, it could help her reach a wider audience while making a profit! Thinking about profit margins is crucial for any business, but common mistakes can easily lead to oversight. Aisha should ensure she's accounting for all costs, such as transportation or storage, beyond just the can price. Remember, every penny counts!