Answer:
1) $575
2) They'll markup the price by $3,240. After the markup, the retail price is $15,240
Step-by-step explanation:
1)
6% = 0.06
3750(0.06) = 225
225 + 350 = 575
2)
27% = 0.27
12000(0.27) = 3240
Profit = 3240
Price for retailer = Cost Price + Profit
Price for retailer = 12000 + 3240
Price for retailer = 15,240
