Answer:
$219.63
Step-by-step explanation:
Market is the net of price and the cost of the product. It is calculated by applying a defined percentage on cost of the product and added to the cost to make a price to sale.
The wholesale price / cost = $125.50
Mark up rate = 75%
Markup received = $125.50 x 75% = $94.13
Retail Price = Cost + Markup
Retail Price = 125.50 + 94.13 = $219.63
