Answer:
$578.33
Step-by-step explanation:
To get 5% of the original cost you need to multiply by 0.05
550.79 • 0.05 = 27.5395
27.5395 is 5% of 550.79
Since the price is marked up 5% you will need to add 27.5395 to 550.79
550.79 + 27.5395 = 578.3295
Then you will round your answer to 578.33
