The manager at Gabriela's Furniture Store is trying to figure out how much to charge for a book shelf that just arrived. The book shelf was bought at a wholesale price of \[\$147.00\], and Gabriela's Furniture Store marks up all furniture by \[60\%\].

**At what price should the manager sell the book shelf?**

To find the price the manager should sell the bookshelf for, we need to apply the markup percentage to the wholesale price.

1. **Wholesale Price**: \$147.00
2. **Markup Percentage**: 60%

The formula for finding the selling price is:

\[
\text{Selling Price} = \text{Wholesale Price} + (\text{Markup Percentage} \times \text{Wholesale Price})
\]

First, calculate the markup amount:

\[
\text{Markup Amount} = 60\% \times 147 = 0.60 \times 147 = 88.20
\]

Now, add the markup amount to the wholesale price:

\[
\text{Selling Price} = 147 + 88.20 = 235.20
\]

Thus, the manager should sell the bookshelf for **\$235.20**.

Do you want more details or have any questions?

Here are 5 related questions to consider:
1. What if the markup was 50% instead of 60%? What would the new selling price be?
2. How would you calculate the selling price if a 10% discount was applied after the markup?
3. How can you determine the markup percentage if you only know the wholesale and selling prices?
4. If Gabriela's Furniture Store applies a 7% tax, what is the final price including tax?
5. How would a 20% markdown on the selling price affect the final price?

**Tip:** When dealing with percentages, always convert them into decimals before performing any calculations.

The manager at Gabriela's Furniture Store is trying to figure out how much to charge for a book shelf that just arrived. The book shelf was bought at a wholesale price of $147.00, and Gabriela's Furniture Store marks up all furniture by 60%. At what price should the manager sell the book shelf?

Learn how to calculate the selling price of a book shelf bought at $147 with a 60% markup. This example covers percentage calculations and finding the selling price, suitable for students in Grades 6-8.

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