A furniture store marks up items 20% based on cost if the furiture store buys a couch for 350, whats the price
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Answers:
420, great number
T-man, you really should have paid attention in 6th grade. Take 20% of the original figure, and add it to the original figure.
Sorry to be harsh, but if you're on FindHomeAnswers, then you've presumably passed 6th grade.
If a furniture store only marks up 20%, they'll be out of business fast. Most mark up 100% so when they discount 20-30-or even 50% we think we're getting a bargain, but they're still making a profit. $420 is your answer.
20% of 350 is 70....add both equals 420.
10% of 350 is 35 so the answer is 70 provided the store paid 350 for it
mark up is more like 50% retail $700.00 then mark it on sale
at 10 to 20% off .have you ever seen a furinture store that is not running a so called SALE the word sale does not mean a thing ,it mean's it'sFOR SALE .
multiply 350 by .20. Add the answer you get to the 350 and you got your price
350 X 120 divide by 100 = 420
Summer school, huh? DO YOUR OWN HOMEWORK!
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