Kurt bought a recliner with a sticker price of $900. If he paid $15 a week for 2 years, what was the approximate markup rate on the recliner?

A. 57.7%

B. 73.3%

C. 15.4%

D. 86.6%

Question

Mathematics

Audrey Burton

8 December, 23:48

Kurt bought a recliner with a sticker price of $900. If he paid $15 a week for 2 years, what was the approximate markup rate on the recliner?

A. 57.7%

B. 73.3%

C. 15.4%

D. 86.6%

+5

Answers (1)

Know the Answer?

Francis Singleton · Answer 1

In 1 year, there are 52 weeks. So in two years, that makes 104 weeks. Multiply 104 times the $15. You get $1560. To find the percentage, you now divide 900/1560. You gwt approximately 57.7%.

Kurt bought a recliner with a sticker price of $900. If he paid $15 a week for 2 years, what was the approximate markup rate on the recliner?A. 57.7%B. 73.3%C. 15.4%D. 86.6%

Kurt bought a recliner with a sticker price of $900. If he paid $15 a week for 2 years, what was the approximate markup rate on the recliner?

A. 57.7%

B. 73.3%

C. 15.4%

D. 86.6%