The manager at Jessica's Furniture Store is trying to figure out how much to charge for a couch that just arrived. The couch was bought at a wholesale price of $113.00\$113.00$113.00, and Jessica's Furniture Store marks up all furniture by 45%45\%45%. At what price should the manager sell the couch?
Answers
Answered by
38
Thank you for asking this question. Here is your answer:
We will use the following formula to solve this question:
Selling price = purchase price + mark up
Mark up = % * purchase price
The values we will use are the following:
Purchase price: $ 113.00
Mark up: 45%
Mark up = 45% x $ 113.00
= 0.45 x $ 113.00
= $50.85
Selling price = $ 113.00 + $ 50.85
= $ 163.85
If there is any confusion please leave a comment below.
Answered by
6
Answer:
copied from khan academy
Step-by-step explanation:
Similar questions