Answer:
$131.60
Step-by-step explanation:
For the promotion, markup is 33.3% of the selling price.
Now, Selling Price = Cost price + Cost price*Markup
Selling Price = $98.75 + $98.75*33.3%
Selling Price = $98.75 + $32.88375
Selling Price = $131.63375
Selling Price = $131.60
Thus, the selling price of the bicycle after calculating the markup is $131.60.
