Answer:
The selling price of sandals is: $32.77
Step-by-step explanation:
Mark up is the price that is added to the cost price of a product for profit.
Given
Price of sandals = $22.60
Mark up = 45%
To find the price with mark up, we will find the amount of mark up and then add it to the cost price of sandals.
[tex]Mark\ up = 45\%\ of\ 22.60\\= 0.45*22.60\\=10.17[/tex]
The mark up is $10.17
Now,
[tex]Selling\ price = Cost + mark\ up\\= 22.60+10.17\\=32.77[/tex]
Hence,
The selling price of sandals is: $32.77
