Respuesta :
A percentage is a way to describe a part of a whole. The retail price of a couch at a furniture store that has a wholesale price of $115 and is marked up by 75% is $201.25.
What are Percentages?
A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
Given that the wholesale price of the couch at a furniture store is $115. Now, as the retail price is marked up by 75%, therefore, the new price of the couch can be written as,
The new price of the couch = 175% of the wholesale price
= 1.75 × $115
= $201.25
Hence, the retail price of a couch at a furniture store that has a wholesale price of $115 and is marked up by 75% is $201.25.
Learn more about Percentages:
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