the manager in gabriella's furniture store was trying to figure out how to much to charge for a bookshelf that just arrived,the bookshelf was bought at the wholesale price of $147.00,and gabriella's furniture store marks up all furniture by 60%.at what price should the manager sell the book shelf?
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Answer:
Wholesale price or Cost price of the shelf = 147$
Marked rate of prices= 60%
Increase in price= 60/ 100* 147
= $88.2
∴ Selling price of the bookshelf= 147+88.2
= $235.2
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Wholesale price or Cost price of the shelf = 147$
Marked rate of prices= 60%
Increase in price= 60/ 100* 147
= $88.2
∴ Selling price of the bookshelf= 147+88.2
= $235.2
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