the wholesale cost of a dining room table at a furniture store is $1,315.80. the markup for the table is…

the wholesale cost of a dining room table at a furniture store is $1,315.80. the markup for the table is 35%. what is the selling price of the dining - room table?

the wholesale cost of a dining room table at a furniture store is $1,315.80. the markup for the table is 35%. what is the selling price of the dining - room table?

Answer

Explanation:

Step1: Calculate the markup amount

Markup amount = Wholesale cost × Markup percentage. So, $1315.80\times0.35 = 460.53$.

Step2: Calculate the selling price

Selling price = Wholesale cost+Markup amount. So, $1315.80 + 460.53=1776.33$.

Answer:

$1776.33$