A furniture store places a markup of $94.00 on a recliner, which is a 40% markup based on cost. Find the cost and the selling pr
ice.
1 answer:
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Answer: OPTION D
Step-by-step explanation:
To solve this problem you must apply the proccedure shown below:
- Convert from 48 inches to foot. You know that 12 inches=1 foot. Then you have:
- Therefore, keeping on mind that 48 inches is 4 feet, and you must find the ratio that correctly compares 2 feet to 48 inches, you can write:
- Reduce the fraction, then:
- You can rewrite it as following: