Respuesta :

Let the cost of the dining table is 100%

∵ It sells with a 30% markup

→ That means the selling price of the table will be 100% + 30%

∴ The selling price of the table = 130% of the cost price

∵ The cost price of the table = $130

∴ The selling price of the table = 130% x 130

→ Change the percentage to a decimal by divide it by 100

[tex]\because\frac{130}{100}=1.30[/tex]

∴ The selling price of the table = 1.30 x 130 = 169

The selling price of the dining table is $169

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