Question

The manger at Gabriela's Furniture Store is trying to figure out how much to charge for a book shelf that just arrived. The bookshelf was bought at a wholesale price of $147.00, and Gabriela's Furniture Store marks up all new furniture by 60%.

Answer 1

what's the question?

Answer 2

so charge 1.60 * 147.00

Answer 3

1.60 * 147.00

Answer 4

no ok cool

Answer 5

In order to find the retail price, we must first find the amount of markup. Remember that a markup rate is a percentage of the wholesale price that a store adds to get a selling or retail price. markup rate times wholesale price equals the amount of markup. Since the markup rate is a percentage, we have to convert it into a decimal first. Since the markup rate is a percentage of the wholesale price that is added to get the retail price, we can find the retail price with the following equation: the amount of markup plus wholesale price equals retail price (Credits to Khan Academy)

Answer 6

235.20 is the answer btw

Answer 7

At first, the wholesale price of the book shelf is $147.00 Now Gabriela's Furniture markup for all new furniture is 60% so we have to find the first 60% of $147.00 then we got $88.2 now we just have to add this amount to the wholesale price and we got our answer

Answer 8

it's $235.20, proof because I checked it on khan academy.

Answer 9

[AI-generated answer — Explain Bot]

To figure out how much to charge for the bookshelf, you need to calculate the markup price on the wholesale price. Here's how you can do it:

Step 1: Calculate the markup amount:
Multiply the wholesale price by the markup percentage to determine the markup amount.
Markup amount = Wholesale price * Markup percentage

In this case, the wholesale price is $147.00, and the markup percentage is 60%.
Markup amount = $147.00 * 0.60
Markup amount = $88.20

Step 2: Calculate the selling price:
Add the markup amount to the wholesale price to determine the selling price.
Selling price = Wholesale price + Markup amount

Selling price = $147.00 + $88.20
Selling price = $235.20

Therefore, the manger should charge $235.20 for the bookshelf.