Question

He original price of a couch was $395.00. A store will markup the price of the couch by 25%. What is the exact price of the couch, not including tax, with this markup

Answer 1

The exact price of the couch is $493.75

Explanation:

Here, we want to find the price of the couch given the mark up percentage

Mathematically, that would be;

395 + (25% of 395)

= 395 + 25/100 * 395

= 395 + 395/4

= 395 + 98.75

= $493.75