Question

Jessica's Furniture Store buys a couch at a wholesale price of $113.00dollar. If the markup rate at Jessica's Furniture Store is 45% what is the markup for the couch?

Answer 1

You can find this by finding 45% of 113 and adding that value to 113.

45%=45/100=0.45

0.45(113)=50.85

113+50.85=163.85

The answer is $163.85.

Hope this helps!