59.0k views
5 votes
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).
For what price does she sell each T-shirt?

User Shenku
by
5.4k points

1 Answer

2 votes

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

User Matt Catellier
by
6.0k points