This story problem is confusing can you help?

B

Behappy

New member
A grocer bought 300 pounds of bananas at 30 cents per pound. Experience at this store indicates that, as a result of aging, 40% of the bananas (that would be 120 pounds) are sold at 24 cents per pound. At what price per pound must the top-quality bananas be sold so that the total proceeds will result in a 20% markup on cost? Round up to the nearest penny
 
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