Answer:
Step-by-step explanation:
Hello, great question. These types are questions are the beginning steps for learning more advanced Algebraic Equations.
We need to first turn the percent into a decimal. Since the markup rate at Brandon's furniture is 40% then the percent in decimal form would be 0.40.
Since markup is a higher price than the wholesale price then we need to add 1 to the percent and then multiply it by the wholesale price in order to find the final price of the sofa at Brandon's Store.
[tex]97.00*1.40 = 135.80[/tex]
Finally, we can see that the Sofa at Brandon's Store will cost $135.80 after adding a markup of $38.80
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
