At a sale, a garage owner spends $894.94 for a number of different size tires. The freight charges are $54.80. The tires are sold so that a profit of 33 1/3% is made. How much must the tires be sold for? Round to the nearest cent.
A. $1,176.82
B. $1,199.43
C. $1,244.23
D. $1,266.32
Answer: D
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