Answer:
The retail price of the couch is $ 201.25.
Step-by-step explanation:
Given, the wholesale price of the couch = $ 115,
Marked up rate = 75 %,
So, the total marked up = 75 % of wholesale price
= 75 % of $ 115
[tex]=\frac{75\times 115}{100}[/tex]
[tex]=\frac{8625}{100}[/tex]
[tex]\$ 86.25[/tex]
Hence, the retail price of the couch = The wholesale price + Total marked up
= $ 115 + $ 86.25
= $ 201.25
