Moon Sporting Goods received a shipment of tennis rackets and marked them up 45%. The cost of the tennis rackets to Moon was $85 . What is the minimum selling price for the tennis racket?
1 answer:
Answer:
$123.25
Step-by-step explanation:
A selling price reflecting a 45% markup can be found by multiplying the wholesale price ($85) by (1 + 0.45), or 1.45:
1.45($85) = $123.25
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