Answer: The retail price of the boots = $232.05
Step-by-step explanation:
Given: The cost price of boots for shoe store= $119
Also if the stores manager decides on markup of 35%.
Then the retail price of the boots is given by:-
[tex]Retail\ price=Cost\ price+35\%\ of\ Cost\ price[/tex]
[tex]Retail\ price=\$119+35\%\ of\ \$119\\=\$119+0.35\times119\\=\$119+\$113.05\\=\$232.05[/tex]
Hence, the retail price of the boots = $232.05
