Question

Jessica's Furniture Store buys a couch at a wholesale price of

$113.00. If the markup rate at Jessica's Furniture Store is
45% what is the markup for the couch?

Answer 1

$50.85

Step by step explanation:

We have been given that Jessica's Furniture Store buys a couch at a wholesale price of $113.00 and the markup rate at Jessica's Furniture Store is 45%.

We can find mark-up for the couch by finding 45% of 113.

`Mark-up=113*(45)/(100)`

`Mark-up=113*0.45`

`Mark-up=50.85`

Therefore, mark-up for the couch will be $50.85.

Answer 2

Answer:The manager should sell the couch at $163.85

Explanation: