Question

Michelle ordered 200 T-shirts to sell at the school carnival. She paid $2.80 per shirt, plus 5% of the total order for shipping. When she sells each T-shirt at the carnival, she adds a 150% markup to the total price she paid for the shirt (including the cost of shipping). What is the selling price of each T-shirt?

Answer 1

Answer: She should sell each T-Shirt for at least $4.41

Explanation:

First you need to figure out what the total cost of the 200 t shirts was plus shipping. so 200 t shirts for 2.8 would cost $560 + a 5% shipping fee ($28) = 588 if she wants to markup by 150. you would then multiply 588 * 1.5 = $882. This would be the final money she wants to make by the end of her school carnival. Divide 882/200 (amnt of t-shirts) to get $4.41 per shirt