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?


Respuesta :

Answer:

The manager sold the book shelf at $235.2

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

                                        = [tex]\frac{60}{100} \times 147[/tex]

                                        = [tex]\frac{8820}{100}[/tex]

                                        = $88.2

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

                                         = 147 + 88.2

                                       = $235.2

Therefore, the manager sold the book shelf at $235.2