The resulting selling price would be = $200.
How to calculate the resulting selling price of sweater?
To calculate the resulting selling price of sweater, the following steps should be used as follows:
The cost of each sweater = $80
The markup percentage = 150%
That is ;
150/100 ×80
= 15×8
= 120
Therefore, the resulting selling price would be= 120+80 = $200.
Complete question:
A retail store purchases a sweater at wholesale for $80 and needs to sell it at a 150% markup. What would be the resulting selling price?