Question

Sweat shirt: $45.50, 15% markup​

Answer 1

Answer: $52.33

Explanation:

Selling Price = $45.50 + (0.15 * $45.50)

Now, calculate the markup:

Markup = 0.15 * $45.50 = $6.825

Now, add the markup to the cost to find the selling price:

Selling Price = $45.50 + $6.825 = $52.325

So, the selling price of the sweatshirt with a 15% markup is approximately $52.33.