Question

The wholesale price for a bookcase is 144. A certain furniture store marks up the wholesale price by 34% . Find the price of the bookcase in the furniture store.

Answer 1

Answer:To find the price of the bookcase in the furniture store after a 34% markup, you can calculate it as follows:

Calculate the markup amount:

Markup Amount = Wholesale Price × Markup Percentage

Markup Amount = 144 × 0.34

Add the markup amount to the wholesale price to find the final price in the furniture store:

Price in Store = Wholesale Price + Markup Amount

Price in Store = 144 + (144 × 0.34)

Now, calculate the values:

Markup Amount = 144 × 0.34 = 48.96

Price in Store = 144 + 48.96 = 192.96

So, the price of the bookcase in the furniture store after a 34% markup is $192.96.