Problem

At Bed Bath and Beyond, the manager, Jill Roe, knows her customers will pay no more than $\$ 280$ for a bedspread. Jill wants a $35 \%$ markup on selling price. What is the most that Jill can pay for a bedspread?

Answer

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Answer

\(\boxed{\$182}\) is the most that Jill can pay for a bedspread.

Steps

Step 1 :Let's denote the selling price as \(SP = \$280\)

Step 2 :Jill wants a 35% markup on the selling price, so the markup is \(0.35 \times SP = \$98\)

Step 3 :To find out the maximum cost price Jill can pay for the bedspread, we subtract the markup from the selling price, \(SP - markup = \$182\)

Step 4 :\(\boxed{\$182}\) is the most that Jill can pay for a bedspread.

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