Answer:
$57.20.
Step-by-step explanation:
We have been given that original price of an item is $65 and it is marked down by 12%.
To find the the retail price we need to figure out 88% of 65 as 100%-12%=88%.
[tex]\text{The retail price of the item}=\frac{88}{100}\times\$ 65[/tex]
[tex]\text{The retail price of the item}=0.88\times\$ 65[/tex]
[tex]\text{The retail price of the item}=\$57.20[/tex]
Therefore, the retail price of the item will be $57.20.
