Question

The wholesale price for a bookcase is $153.00 . A certain furniture store marks up the wholesale price by 35% . Find the price of the bookcase in the furniture store.

Answer 1

$206.55

Explanations:

Given the following parameters

Wholesale price of bookcase = $153.00

If a certain furniture store marks up the wholesale price by 35%, the price of the bookcase in the furniture store will be expressed as:

`\begin{gathered} Price=\$153+(0.35*\$153) \\ Price=\$153+\$53.55 \\ Price=\$206.55 \\ \end{gathered}`

Hence the price of the bookcase in the furniture store is $206.55