Question

The wholesale cost of a dining room table at a furniture store is $1,115.80. The

markup for the table is 20%. What is the selling price of the dining room table?

Answer 1

Answer: $1338.96

Explanation:

The wholesale cost means the cost that the store buys the table from the supplier. To find the price that the store sells it, it is a 20% markup.

The orginal price is $1,115.80. What is 20% of $1,115.80?

$1,115.80 * .20 = $223.16

Lets add the original price to the markup.

$1,115.80 + $223.16 = $1338.96


Hope this helps <3