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William's Furniture Store buys a sofa at a wholesale price of $106.00. If the markup rate at William's Furniture Store is 80%, what is the markup for the sofa?

William's Furniture Store buys a sofa at a wholesale price of $106.00. If the markup rate at William's Furniture Store is 80%, what is the markup for the sofa?
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4 votes
William's Furniture Store buys a sofa at a wholesale price of $106.00. If the markup rate at William's Furniture Store is 80%, what is the markup for the sofa?

asked
User Sminutoli
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7.6k points

1 Answer

6 votes
The markup is
106×0.80=84.8
answered
User Adasa
by
8.2k points
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