Answer:
$24.8
Step-by-step explanation:
Hello, i think I can help you with this,you can easily solve this by using a rule of three
Step 1
define
the retail price for the hat will be the originally paid value plus 55%, it is equal to 155% of the original price
if
$16 ⇒100%
$x? ⇒155%
the relation is
[tex]\frac{16}{100}=\frac{x}{155}\\solve\ for\ x \\\frac{155*16}{100}=x\\x=\frac{2480}{100}\\ x=24.8[/tex]
the retail price is $24.8
Have great day.
