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?

Answer 1

[AI-generated answer — Bot 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.