Markup and commission word problems

Practice solving word problems involving price markups and commission fees.

Problem

The manager at William's Furniture Store is trying to figure out how much to charge for a bed frame that just arrived. If the bed frame was bought at a wholesale price of dollar sign, 96, point, 00 and William's Furniture Store marks up all furniture by 75, percent, at what price should the manager sell the bed frame?
dollar sign, space
  • Your answer should be
  • an integer, like 6
  • a simplified proper fraction, like 3, slash, 5
  • a simplified improper fraction, like 7, slash, 4
  • a mixed number, like 1, space, 3, slash, 4
  • an exact decimal, like 0, point, 75
  • a multiple of pi, like 12, space, p, i or 2, slash, 3, space, p, i