Answer:
To calculate Walters profit from selling shirts, one must know the exact markup percentage. With an example 25% markup, the profit would be $786.72 after selling all shirts. The precise profit cannot be determined without the exact markup value.
Step-by-step explanation:
The subject of the question is Mathematics, specifically profit calculation and percentage markup in a business context. Walter's purchase of 88 shirts at $35.75 each results in a total cost of $3,146. To calculate the profit, we would need to know the exact percentage markup he is applying, which is not provided in the question.
To demonstrate how to find the profit with a given markup percentage, let's say Walter marks the shirts up by 25%. The selling price per shirt would then be $35.75 * 1.25 = $44.69. The total revenue from selling 88 shirts would be 88 * $44.69 = $3,932.72. The profit would be the difference between the selling price and the cost price: $3,932.72 - $3,146 = $786.72.
Without the exact markup, we cannot determine the precise profit; we can only say that the profit would be the total revenue minus the original total cost.