Question

The manager at Gabriela's Furniture Store is trying to figure out how much to charge for a book shelf that just arrived. The book shelf was bought at a wholesale price of $147.00 and Gabriela's Furniture Store marks up all furniture by 60%. At what price should the manager sell the book shelf?

Answer 1

Answer: The manager sold the book shelf at $235.2

Step-by-step explanation:

Since we have given that

Wholesale price of the book shelf = $147.00

But Gabriela's Furniture Store marks up all furniture by 60%.

So, Mark up value is given by

$\frac{60}{100}\times 147\\\\=\frac{8820}{100}\\\\=\ 88.2$

So, the new price that the manager sold the book shelf is given by

$147+88.2\\\\=\ 235.2$

Hence, the manager sold the book shelf at $235.2