Answer:
$163.85
Step-by-step explanation:
Markup 45% means selling price is 100+45 = 145% of cost
145/100 × 113 = 163.85
163.85
We can determine the markup by multiplying the wholesale price by the percent
113 * 45%
Changing to decimal form
113*.45
50.85
We add this to the wholesale price to get the price that they should sell the couch
113+ 50.85
5
80
40+40=80
