Answer :
take wholesale cost and multiply it by 95%, then add to the original value
another way, just multiply by 1.95
Retail cost: 1.95*($99.50) = $194.03
another way, just multiply by 1.95
Retail cost: 1.95*($99.50) = $194.03
The selling price should be $194.025.
Given that,
- The cost of the sled is $99.50.
- And, the markup percentage is 95%.
Based on the above information, the calculation is as follows:
[tex]= \$99.50 \times 1.95[/tex]
= $194.025
Here we multiply the selling price with the markup percentage.
Therefore we can conclude that the selling price should be $194.025.
Learn more: brainly.com/question/1099507
