Brandon's Furniture Store buys a sofa at a wholesale price of \$97.00$

1.	Brandon's Furniture Store buys a sofa at a wholesale price of \$97.00$97.00dollar sign, 97, point, 00.If the markup rate at Brandon's Furniture Store is 40\%40%40, percent, what is the markup for the sofa?\$\
Answer» ANSWER: The markup price of the SOFA is 38.8 and TOTAL COST of sofa after markup is38.8andtotalcostofsofaaftermarkupis135 .8 . Step-by-step explanation: As given Brandon's Furniture Store buys a sofa at a wholesale price of $97.00 . If the markup rate at Brandon's Furniture Store is 40%. 40% is written in the DECIMAL form . = \frac{40}{100}= 100 40 = 0.40 Markup price = 0.40 × Cost of sofa = 0.40 × 97 = $ 38.8 Total cost of the sofa after markup = Cost of the sofa + Markup price = 97 +97+38.8 = $ 135.8 Therefore the markup price of the sofa is 38.8 and total cost of sofa after markup is38.8andtotalcostofsofaaftermarkupis135 .8 .

Brandon's Furniture Store buys a sofa at a wholesale price of \$97.00$97.00dollar sign, 97, point, 00.If the markup rate at Brandon's Furniture Store is 40\%40%40, percent, what is the markup for the sofa?\$\

Answer»

ANSWER:

The markup price of the SOFA is 38.8 and TOTAL COST of sofa after markup is38.8andtotalcostofsofaaftermarkupis135 .8 .

Step-by-step explanation:

As given

Brandon's Furniture Store buys a sofa at a wholesale price of $97.00 .

If the markup rate at Brandon's Furniture Store is 40%.

40% is written in the DECIMAL form .

= \frac{40}{100}=

100

= 0.40

Markup price = 0.40 × Cost of sofa

= 0.40 × 97

= $ 38.8

Total cost of the sofa after markup = Cost of the sofa + Markup price

= 97 +97+38.8

= $ 135.8

Therefore the markup price of the sofa is 38.8 and total cost of sofa after markup is38.8andtotalcostofsofaaftermarkupis135 .8 .

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