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The manager at Jessica's Furniture Store is trying to figure out how much to charge for a couch that just arrived. The couch was bought at a wholesale price of $113.00, and Jessica's Furniture Store marks up all furniture by 45%. At what price should the manager sell the couch? $

The manager at Jessica's Furniture Store is trying to figure out how much to charge for a couch that just arrived. The couch was bought at a wholesale price of $113.00 \$ 113.00 , and Jessica's Furniture Store marks up all furniture by 45% 45 \% .\newlineAt what price should the manager sell the couch?\newline$ \$

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Q. The manager at Jessica's Furniture Store is trying to figure out how much to charge for a couch that just arrived. The couch was bought at a wholesale price of $113.00 \$ 113.00 , and Jessica's Furniture Store marks up all furniture by 45% 45 \% .\newlineAt what price should the manager sell the couch?\newline$ \$
  1. Calculate Markup Amount: Calculate the markup amount on the wholesale price of the couch.\newlineThe markup percentage is 45%45\% of the wholesale price.\newlineMarkup amount = Wholesale price ×\times Markup percentage\newline= $113.00\$113.00 ×0.45\times 0.45\newline= $50.85\$50.85
  2. Find Selling Price: Add the markup amount to the wholesale price to find the selling price.\newlineSelling price = Wholesale price + Markup amount\newline= $113.00\$113.00 + $50.85\$50.85\newline= $163.85\$163.85

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