A comic collector sells his memorabilia through an on-line distributor, which take a commission of 5% of the price set by the collector. The on-line store obtains the product from an artist at the price of $100 per item. What is the price that the buyer observers on-line if the distributor wants to maintain a 5% profit on the cost of the item? Choose the most appropriate option:
A) 98.42 B) 105.15 C) 110.53 D) 107.22 E) 66.68
110.53ollector price = $100;
The on-line distributor wants to maintain a 5% profit on the cost of the memorabilia, thus he must get $ 100*1.05= 
<gadget id="calculator"> 100*1.05</gadget>
<output>105</output>
$105 after the distributor takes a commission of 5% of the final price --&gt; (final price)*0.95= $105 --&gt; (final price) = $110.53.
Answer: 110.53.
<result>C</result>
A comic collector sells his memorabilia through an on-line distributor, which take a commission of 5% of the price set by the collector. The on-line store obtains the product from an artist at the price of $100 per item. What is the price that the buyer observers on-line if the distributor wants to maintain a 5% profit on the cost of the item?