Question
A store brought shirts for $5.75 each. If they want to make 65% profit on selling them what should the selling price be?
Answers
GPT 3.5
To calculate the selling price, we need to add the profit percentage to the cost price.
Profit = 65% of $5.75
Profit = 0.65 * $5.75
Profit = $3.74
Selling price = Cost price + Profit
Selling price = $5.75 + $3.74
Selling price = $9.49
Therefore, the selling price should be $9.49.
Profit = 65% of $5.75
Profit = 0.65 * $5.75
Profit = $3.74
Selling price = Cost price + Profit
Selling price = $5.75 + $3.74
Selling price = $9.49
Therefore, the selling price should be $9.49.