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A furniture store buys leather sofas from a manufacturer for $200 each and marks up the price 65%. Which expression represents the retail price?

Respuesta :

Answer: The retail price of the leather sofas is $330.

Step-by-step explanation:

Since we have given that

Price of leather sofas = $200

Mark up the price = 65%

So, the retail price becomes

[tex]\frac{100+65}{100}\times 200\\\\=\frac{165}{100}\times 200\\\\=165\times 2\\\\=\$330[/tex]

Hence, the retail price of the leather sofas is $330.

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