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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\$147.00, and Gabriela's Furniture Store marks up all furniture by 6060 percent.

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Q. 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\$147.00, and Gabriela's Furniture Store marks up all furniture by 6060 percent.
  1. Calculate Markup Amount: Determine the markup amount by calculating 60%60\% of the wholesale price.\newlineTo find 60%60\% of $147.00\$147.00, we multiply the wholesale price by 0.600.60 (since 60%60\% is the same as 0.600.60 in decimal form).\newlineMarkup amount = Wholesale price ×\times Markup percentage\newlineMarkup amount = $147.00×0.60\$147.00 \times 0.60
  2. Find Markup Amount: Perform the calculation to find the markup amount.\newlineMarkup amount = $147.00×0.60\$147.00 \times 0.60\newlineMarkup amount = $88.20\$88.20
  3. Determine Final Price: Add the markup amount to the wholesale price to find the final price to charge for the bookshelf.\newlineFinal price = Wholesale price + Markup amount\newlineFinal price = $147.00\$147.00 + $88.20\$88.20
  4. Calculate Final Price: Perform the calculation to find the final price.\newlineFinal price = $147.00+$88.20\$147.00 + \$88.20\newlineFinal price = $235.20\$235.20

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