Answer:
$189.75
Step-by-step explanation:
Whenever you want to find the percent of something, you need to turn the percent into a decimal. In this case, we need to find 115% of the wholesale price because there is a markup, so the cost will be higher.
115% as a decimal is 1.15. Here is how the equation will be set up:
$165 • 1.15 = $189.75
No rounding is necessary for this problem because it is already to the nearest cent.
