Question

.The wholesale price for a bookcase is
$103
. A certain furniture store marks up the wholesale price by
17%
. Find the price of the bookcase in the furniture store.

Round your answer to the nearest cent, as necessary.
$

Answer 1

is that correct..

Answer 2

A laptop has a listed price of
$524.95
before tax. If the sales tax rate is
9.25%
, find the total cost of the laptop with sales tax included.

Round your answer to the nearest cent, as necessary.

Answer 3

is that correct ?.

Answer 4

To find the retail price of the bookcase in the furniture store after a 17% markup on the wholesale price of $103, you can follow these steps:

1. Calculate the amount of the markup:
\[
\text{Markup} = \text{Wholesale Price} \times \text{Markup Percentage}
\]
\[
\text{Markup} = 103 \times 0.17 = 17.51
\]

2. Add the markup to the wholesale price to find the retail price:
\[
\text{Retail Price} = \text{Wholesale Price} + \text{Markup}
\]
\[
\text{Retail Price} = 103 + 17.51 = 120.51
\]

Therefore, the price of the bookcase in the furniture store is **$120.51**.

Answer 5

Let's verify the calculation step by step again to ensure accuracy.

1. **Calculate the markup**:
- The wholesale price of the bookcase is $103.
- The markup percentage is 17%, which is represented as a decimal as 0.17.

\[
\text{Markup} = \text{Wholesale Price} \times \text{Markup Percentage}
\]
\[
\text{Markup} = 103 \times 0.17 = 17.51
\]

2. **Add the markup to the wholesale price**:
\[
\text{Retail Price} = \text{Wholesale Price} + \text{Markup}
\]
\[
\text{Retail Price} = 103 + 17.51 = 120.51
\]

The calculations hold true, and the retail price of the bookcase after a 17% markup on the wholesale price of $103 is **$120.51**.

Thus, yes, the answer is correct: the price of the bookcase in the furniture store is **$120.51**.

Answer 6

To calculate the total cost of the laptop including sales tax, follow these steps:

1. **Calculate the amount of sales tax**:
\[
\text{Sales Tax} = \text{Listed Price} \times \text{Sales Tax Rate}
\]
- The listed price of the laptop is $524.95.
- The sales tax rate is 9.25%, which can be expressed as 0.0925 in decimal form.

\[
\text{Sales Tax} = 524.95 \times 0.0925
\]
\[
\text{Sales Tax} \approx 48.53
\]

2. **Calculate the total cost**:
\[
\text{Total Cost} = \text{Listed Price} + \text{Sales Tax}
\]
\[
\text{Total Cost} = 524.95 + 48.53 \approx 573.48
\]

Thus, the total cost of the laptop with sales tax included is approximately **$573.48**.

Answer 7

Let’s re-evaluate the calculation to ensure accuracy in the total cost of the laptop, including sales tax.

1. **Calculate the sales tax**:
- **Listed Price**: $524.95
- **Sales Tax Rate**: 9.25% (or 0.0925 in decimal form)

\[
\text{Sales Tax} = 524.95 \times 0.0925
\]

Performing the multiplication:

\[
\text{Sales Tax} = 524.95 \times 0.0925 \approx 48.53
\]

2. **Calculate the total cost**:
\[
\text{Total Cost} = \text{Listed Price} + \text{Sales Tax}
\]
\[
\text{Total Cost} = 524.95 + 48.53 \approx 573.48
\]

So, based on the calculations:

- The sales tax is approximately **$48.53**.
- The total cost, including sales tax, is approximately **$573.48**.

Therefore, the calculations confirm that the total cost of the laptop with sales tax included is indeed **$573.48**.

You can be confident that the answer is correct!