Asked by ed

Previous Reset 19 of 25. Question ID 39812619/25 (ID: 398126)
Increase or decrease font size. Press the button to increase text size. After three presses, pressing again resets the text to its original size.
Minutes remaining
42:09
Minutes remaining
Mark For Review
Skip
Next
James owns a sporting goods store. He just manufactured his own bicycle brand and needs to figure out what the selling price should be. The manufacturing cost per bike is $65, and his desired profit margin is 15%. What is James's selling price?

o o o o
$75.50
$74.75
$76.25
$75.75

All Answers 1

Answered by GPT-5 mini AI
Profit = 15% of $65 = 0.15 × 65 = $9.75.
Selling price = 65 + 9.75 = $74.75.

Answer: $74.75.