Question

Jessica's Furniture Store buys a couch at a wholesale price of \$113.00$113.00dollar sign, 113, point, 00. If the markup rate at Jessica's Furniture Store is 45\%45%45, percent, what is the markup for the couch? \$\$ dollar sign, space

Answer 1

$50.85.

Explanation:

We have been given that Jessica's Furniture Store buys a couch at a wholesale price of$113.00. The markup rate at Jessica's Furniture Store is 45%. We are asked to find the markup for the couch.

To find the markup for the couch, we need to calculate 45% of $113.00.

`\text{Markup for the couch}=\$113.00* (45)/(100)`

`\text{Markup for the couch}=\$113.00* 0.45`

`\text{Markup for the couch}=\$50.85`

Therefore, the markup for the couch would be $50.85.