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20 October, 20:48

Michelle ordered 200 T-shirts att the school carnival. She paid $2.80 per shirt, plus 5% of the total order for shipping. When she sells each T-shirt at the carnival, she adds a 150% markup to the total price she paid for the shirt, including the cost of shipping. What is the selling price of each T-shirt?

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  1. 21 October, 00:43
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    Step-by-step explanation:

    Total number of T-shirts = 200

    Cost per T-shirt (without shipping) = $2.80

    Shipping cost per t-shirt; 5% of a T-shirt = 0.05 * 2.80 = $0.14

    Total cost of T-shirt (shipping included) = 2.80 + 0.14 = $2.94

    Markup = 150% of total cost = 1.50 * 2.94 = $4.41

    To get the price at which Michelle will sell each T-shirt, add total cost to the markup; 2.94 + 4.41 = 7.35.

    Therefore, selling price will be $7.35
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