Question

Jessica's Furniture Store buys a couch at a wholesale price of \$113.00$113.00dollar sign, 113, point, 00. If the markup rate at Jessica's Furniture Store is 45\%45%45, percent, what is the markup for the couch? \$\ $ dollar sign, space

Answer 1

$50.85

Explanation:

hi!!!

Answer 2

$50.85.

Explanation:

We have been given that Jessica's Furniture Store buys a couch at a wholesale price of $113.00. The markup rate at Jessica's Furniture Store is 45%. We are asked to find the markup for the couch.

`\text{Markup}=\text{Original cost}* \text{Markup percent}`

`\text{Markup}=\$113* 45\%`

`\text{Markup}=\$113* (45)/(100)`

`\text{Markup}=\$113* 0.45`

`\text{Markup}=\$50.85`

Therefore, the mark-up for the couch us $50.85.