The wholesale price for a chair is $169. A certain furniture store marks up the wholesale price by 28%.

Find the price of the chair in the furniture store. Round your answer to the nearest cent, as necessary

1 answer

To find the price of the chair in the furniture store, we need to add the markup to the wholesale price. The markup is 28% of $169, which is 0.28 * $169 = $<<0.28*169=47.32>>47.32.

Adding the markup to the wholesale price gives us $169 + $47.32 = $<<169+47.32=216.32>>216.32.

Therefore, the price of the chair in the furniture store is $216.32.
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