The store sells the doll for a price equal to $28.35.
Marked up price may be defined as the price at which the shopkeeper sells the particular product. The marked-up price is usually more than the price at which he purchases the product from the production company. This is because the shopkeeper aims at earning profit on every product he sells as he does not want to stay neutral and earn nothing other than selling and purchasing the products. According to question the marked-up price is 35% from the price at which the store purchased it. Now, the purchasing cost of doll is $21.
Selling price = $21 + (35% of $21)
Selling price = $21 + (0.35 × $21)
Selling price = $21 + $7.35
Selling price = $28.35
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