Question 699826
The item costs the company {{{ 29.88 }}}
Let the selling price = {{{ 29.88 + x }}}
You want the cost to be 18% of the selling price, so
{{{ 29.88 = .18*( 29.88 + x ) }}}
{{{ 29.88 = 5.3784 + .18x }}} 
{{{ .18x = 24.5016 }}}
{{{ x = 136.12 }}}
Selling price = {{{ 136.12 + 29.88 }}}
Selling price = {{{ 166 }}}
Taking what you say literally, this is
what I get. To check
{{{ 29.88 = .18*166 }}}
{{{ 29.88 = 29.88 }}}
Hope I got it