Answer:
$51.75
Step-by-step explanation:
15 percent of 45 dollars is sixs dollars and seventy five cents so add that to the 45 dollars and the selling price is now $51.75
Based on the information given the selling price is $51.75.
Selling price:
Using this formula
Selling price=Cost price+(Cost price×Markup percentage)
Where:
Cost price=$45
Markup percentage=15%
Let plug in the formula
Selling price=$45+($45×15%)
Selling price=$45+$6.75
Selling price=$51.75
Inconclusion the selling price is $51.75.
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