Question

The manager at Gabriela's Furniture Store is trying to figure out how much to charge for a book shelf that

just arrived. The book shelf was bought at a wholesale price of $147.00, and Gabriela's Furniture Store
marks up all furniture by 60%.
At what price should the manager sell the book shelf?


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Answer 1

The manager sold the book shelf at $235.2

Step-by-step explanation:

Since we have given that

Wholesale price of the book shelf = $147.00

But Gabriela's Furniture Store marks up all furniture by 60%.

So, Mark up value is given by

=
`(60)/(100) * 147`

=
`(8820)/(100)`

= $88.2

So, the new price that the manager sold the book shelf is given by

= 147 + 88.2

= $235.2

Therefore, the manager sold the book shelf at $235.2