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The problem states that the wholesale price for a chair is \$162, and a furniture store marks it up by 21%. We are tasked with finding the price of the chair in the store after the markup, rounded to the nearest cent.

### Solution:
1. The markup amount is calculated by multiplying the wholesale price by the markup percentage:
   \[
   \text{Markup Amount} = 162 \times \frac{21}{100} = 162 \times 0.21 = 34.02
   \]

2. Now, add the markup amount to the wholesale price to get the final price:
   \[
   \text{Final Price} = 162 + 34.02 = 196.02
   \]

Thus, the price of the chair in the furniture store is **\$196.02**.

Let me know if you need further details or have any questions!

### Related Questions:
1. If the store marked up the price by 25% instead of 21%, what would the final price be?
2. What would be the price of the chair if the wholesale price was \$200 and the markup was 15%?
3. How much profit does the store make from this chair if the markup is 21%?
4. If the chair was on sale for 10% off from the marked-up price, what would the final price be?
5. How do you calculate a markup if the final price and the wholesale price are known?

### Tip:
To quickly find a price after a percentage markup, you can multiply the original price by $1 + \text{markup percentage in decimal form}$.

The wholesale price for a chair is $162. A certain furniture store marks up the wholesale price by 21%. Find the price of the chair in the furniture store. Round your answer to the nearest cent, as necessary.

Learn how to calculate the price of a chair after a 21% markup on the wholesale price of $162. This problem includes step-by-step instructions for finding the final price using basic percentage and arithmetic formulas, ideal for Grades 6-8.

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