The wholesale price for a chair is $169. A certain furniture store marks up the wholesale price by 28%.
Find the price of the chair in the furniture store. Round your answer to the nearest cent, as necessary
To find the price of the chair in the furniture store, we need to add the markup to the wholesale price. The markup is 28% of $169, which is 0.28 * $169 = $<<0.28*169=47.32>>47.32.
Adding the markup to the wholesale price gives us $169 + $47.32 = $<<169+47.32=216.32>>216.32.
Therefore, the price of the chair in the furniture store is $216.32.