.The wholesale price for a bookcase is

Question

$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

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 2

is that correct..

Answer 3

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 4

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 5

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 6

is that correct ?.

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!