SOLUTION: A furniture store marks up items 20% (based on cost). If the furniture store buys a couch for $350, what will the selling price be?
A) $410 B) $420 C) $430 D) $440
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Question 92580: A furniture store marks up items 20% (based on cost). If the furniture store buys a couch for $350, what will the selling price be?
A) $410 B) $420 C) $430 D) $440
Answer by uma(370) (Show Source): You can put this solution on YOUR website!
Cost of the couch = $350
Marked up by 20%
So selling price = 120% of 350
= 1.2 * 350
= $ 420
The choice is (B)
Good Luck!!!
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