Question

The wholesale price for a chair is $108. A certain furniture store marks of the wholesale price by 27%. Find the price of the chair in the furniture store. Round your answer to the nearest cent as necessary.

Answer 1

Answer:

The price of chair in furniture house is $137.16

Step-by-step explanation:

We are given the following in the question:

Wholesale price of chair = $108

Marked percentage = 27%

We have to find the price of the chair in the furniture store.

Increased price =

$=27\%\times 108\\\\=\dfrac{27}{100}\times 108\\\\=29.16$

Price of chair in furniture house =

= Wholesale price + Increased price

$=108 + 29.16\\=137.16$

Thus, the price of chair in furniture house is $137.16