Tiffany's Furniture Store buys a table at a wholesale price of $103.00 If the markup rate at Tiffany's Furniture Store is 55% wh
at is the markup for the table?
2 answers:
$103.00 x (0.55) = <span>$56.65
answer
markup : $56.65</span>
First find 55% of 103.
103*0.55=$56.65
If you would like to know the retail price, add the markup to the wholesale price.
103+56.65=$159.65
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