Question

retail store purchases a couch for $600 and marks it up 25% to sell. How much is the retailer asking for the couch?

Answer 1

$750

Explanation:

To find the new price, multiply the original price by 1.25, since there is a 25% increase in the price:

600(1.25)

= 750

So, the retailer is asking for $750 for the couch