Question

The wholesale price for a desk is $169. A certain furniture store marks up the wholesale price by 24%. Find the price of the desk in the furniture store. Round your answer to the nearest cent, as necessary.

Answer 1

• Wholesale price of desk = $169
• Price increased by furniture store = 24%

Now, price of desk in furniture store

= $169 + (24% of $169)

= $169 + (24/100 × $169)

= $169 + $4056/100

= $169 + $40.56

= $209.56

Hence, answer is $209.56.