Answer:
$7.35
Explanation:
We have 200 shirts
Cost $2.80 each
plus a 5% charge for shipping.
Selling price
150% markup
Recall when we use percentages, we need to express them as decimals.
Michelle's cost for each shirt was
2.80 (1.05) = 2.94
The markup is
2.94 (1.50) = 4.41
The markup is added to the cost to get the final selling price.
2.94 + 4.41 = $7.35
Michelle will sell each shirt for $7.35