Brandon's Furniture Store buys a sofa at a wholesale price of $97.00.
If the markup rate at Brandon's Furniture Store is 40%, what is the markup for the sofa?
Answers
Answered by
0
Answer:
$135.8 see this answer it is correct explanation can be wrong
Step-by-step explanation:
Answered by
1
Answer: $ 135.8
Step-by-step explanation:
CP of sofa = $97.00
Markup rate = 40%
Markup price = $97 + 40% of 97
= $97 + 40/100 * 97
= $97 + 2/5 * 97
= $97 + 194/5
= $97 + 38.8
= $ 135.8
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