Answer:
a) MARKUP PERCENT = 200%
b) <u>If the cost price of clothing A = $10</u>
then its retail price = $30
<u> If the cost price of clothing B = $25</u>
then its retail price = $75
Step-by-step explanation:
Let us assume the original price for the clothing = a
Now, boutique triples the price of the items it purchases
for resale.
So, the resale value of the item of clothing = 3 times (Original price) = 3 a
So, here: The resale Value = 3 a
a) MARK UP Percentage = ![(\frac{\textrm{SP - CP}}{CP}) \times 100](https://tex.z-dn.net/?f=%28%5Cfrac%7B%5Ctextrm%7BSP%20-%20CP%7D%7D%7BCP%7D%29%20%20%5Ctimes%20100)
![\implies \% = (\frac{3a-a}{a} ) \times 100 = 200 \%](https://tex.z-dn.net/?f=%5Cimplies%20%5C%25%20%20%3D%20%28%5Cfrac%7B3a-a%7D%7Ba%7D%20%29%20%5Ctimes%20100%20%3D%20%20200%20%5C%25)
or, the MARKUP PERCENT = 200%
b) Two expressions that represent retail price
<u>If the cost price of clothing A = $10</u>
then its retail price = 200% of 10 + 10 = 20 + 10 = $30
<u>If the cost price of clothing B = $25</u>
then its retail price = 200% of 25 + 25 = 50 + 25 = $75