Astorepays$392.88foracouchandmarksthepriceupby50%.Whatisthenewprice?
The new price of the couch after a 50% markup would be:
Original price = $392.88
Markup percentage = 50%
Markup amount = Original price x Markup percentage
= $392.88 x 0.50
= $196.44
New price = Original price + Markup amount
= $392.88 + $196.44
= $589.32
Therefore, the new price of the couch after a 50% markup would be $589.32.