Answered

IDNLearn.com provides a comprehensive platform for finding accurate answers. Discover prompt and accurate answers from our community of experienced professionals.

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$113.00dollar sign, 113, point, 00, and Jessica's Furniture Store marks up all furniture by 45%, percent.

Sagot :

Nuhulawal20idn

Given the mark up of all furniture in the store, the price that the manager should charge for the couch that just arrived is $163.85.

How much should the manager charge for the couch that just arrived?

Given that;

  • Purchase price = $113.00
  •  marks up = 45%
  • Selling price = ?

First, we determine the mark price.

Since the Furniture Store marks up all furniture by 45%.

Mark up price = mark up × purchase price

Mark up price = 45% × $113.00

Mark up price = 0.45 × $113.00

Mark up price = $50.85

Now, the selling price will be;

Selling price = Purchase price + mark up price

Selling price = $113.00 + $50.85

Selling price = $163.85

Given the mark up of all furniture in the store, the price that the manager should charge for the couch that just arrived is $163.85.

Learn more about mark up prices here: https://brainly.com/question/2440726

#SPJ1

Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.