Answer:
Option C. $1.67
Step-by-step explanation:
The price of a bag of candy at wholesale = $1.15
The markup on candy at the discount store = 45%
The retail price for the candy = 1.15 +(45% × 1.15)
= 1.15 + ([tex]\frac{45}{100}[/tex]×1.15)
= 1.15 + (0.45 × 1.15)
= 1.15 + 0.5175
= 1.6675 ≈ $1.67
The retail price for the candy would be $1.67.
