Question

A store bought jeans at a cost of $40 a pair. Select all the statements that are true.

Answer 1

Answer:

True statements:

If the price is marked up 25%, the selling price will be $50.

If the selling price is $70, the price is marked up 75%.

Step-by-step explanation:

Answer 2

Hello! The answer is B) If the price is marked up 25%, the selling price will be $50.

✨ Let me show you how I got the answer... ✨

We know the price of the jeans is $40..

Basically, the percentage is the "Gross Margin".

Then the mark up will be 25%, as the sale price would be $50.

Now that I've showed you how to solve the problem, I hope this helped you!!