Question

Michelle paid $3.00 per shirt. When she sells each shirt, she adds a 150% markup to the price she paid for the shirt.

What is the selling price for each shirt?

Hey! Thanks so much :D

Answer 1

Answer: $7.50

Explanation:

$3.00 + $3.00(1.50)= $7.50

She is selling each shirt for a total of $7.50

Answer 2

Answer: Hope this helps ;) don't forget to rate this answer !

Explanation:

The markup on each shirt is equal to $3.00 * 150% = $4.50, since a markup of 150% means adding an amount equal to 150/100 = 1.5 times the original price.

The selling price for each shirt is equal to the original price of $3.00 plus the markup of $4.50, which is a total of $3.00 + $4.50 = $<<3+4.5=7.50>>7.50.

Therefore, the selling price for each shirt is $7.50.