Local furniture pays $110 for a chest of drawers
Local furniture sells it with a 40% markup.
Percents can be represented by the following expression:
[tex]\text{Total}\cdot\frac{\text{percent}}{100}=\text{Equivalent number to the percent}[/tex]With this expression, we can find 40% of $110 and then add it to $110:
[tex]110\cdot\frac{40}{100}=44[/tex]So, the 40%of $110 would be $44.
The selling price would be:
[tex]110+44=154[/tex]Selling price is $154.
