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?

Question

asked Feb 4, 2018 91.7k views

2 Answers

Nikki Mather · Answer 1 · 2018-02-10T12:04:15+0000

The markup for the sofa would be $38.80. 40% of 97 is 38.8. so you would add 38.8 to 97 to get the final price. 97 + 38.8=135.8
hope that helped!