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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, and Gabriela's Furniture Store marks up all furniture by 60%. At what price should the manager sell the book shelf? $

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 $147.00 \$ 147.00 , and Gabriela's Furniture Store marks up all furniture by 60% 60 \% .\newlineAt what price should the manager sell the book shelf?\newline$ \$

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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 $147.00 \$ 147.00 , and Gabriela's Furniture Store marks up all furniture by 60% 60 \% .\newlineAt what price should the manager sell the book shelf?\newline$ \$
  1. Calculate Markup Amount: We have:\newlineWholesale price of the bookshelf: $147.00\$147.00\newlineMarkup percentage: 60%60\%\newlineCalculate the amount of the markup.\newlineMarkup amount = Wholesale price ∗* Markup percentage\newline= 147×60100147 \times \frac{60}{100}\newline= 147×0.6147 \times 0.6\newline= $88.20\$88.20
  2. Calculate Selling Price: We have:\newlineWholesale price: $147.00\$147.00\newlineMarkup amount: $88.20\$88.20\newlineCalculate the selling price of the bookshelf.\newlineSelling price = Wholesale price + Markup amount\newline= 147+88.20147 + 88.20\newline= $235.20\$235.20

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