Question

Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $120 for a comforter. Misu wants a 30% markup on selling price. What is the most that Misu can pay for a comforter?

Answer 1

Misu Sheet can pay up to $84 for a comforter.

Step-by-step explanation:

To calculate the most that Misu can pay for a comforter, we need to find the selling price. Misu wants a 30% markup on the selling price, so we can set up the following equation:

Selling price = Cost price + Markup

Let's assume the cost price of the comforter is x. The markup is given by 30% of the selling price, which is 0.3 * Selling price.

Since Misu's customers will pay no more than $120, we can write the equation as:

$120 = x + 0.3 * $120

Simplifying this equation, we get:

$120 = x + $36

Subtracting $36 from both sides of the equation, we find:

x = $120 - $36 = $84

Therefore, the most that Misu can pay for a comforter is $84.

Answer 2

The answer to this question will be 155 dollars markup