Suppose the price elasticity of demand for a basket of fruits is -2.0. You are currently charging $42 per basket. If you want to increase the quantity of fruit baskets sold by 20 percent, you should charge a price equal to $_____.Use midpoint formula.

I calculated the result as infinite non-recurring decimals 38.35. By the way, I am a little bit unfamiliar on using midpoint formula in this question.