Web Analytics

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

AIf the price is marked up 20%, the selling price will be $60.
BIf the price is marked up 25%, the selling price will be $50.

C,If the selling price is $65, the price is marked up 50%.

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

Verified Answer :

Answer:

B and D

Step-by-step explanation:

25% is equal to 0.25 so multiplying the percents the Answer is B and D

The true statements are option B If the price is marked up 25%, the selling price will be $50, and option D If the selling price is $70, the price is marked up 75%.

What is the selling price?

The amount at which any product is sold is called as selling price it includes the profit earned by the seller.

Given that:-

  • A Store bought jeans at a cost of $40 a pair.

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

40 x 25 / 100 = 10

SP = $50 this is true statement.

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

P = 70 - 40 = $30

40 x 75  / 100 = $30

The statement is true.

Therefore the true statements are option B If the price is marked up 25%, the selling price will be $50, and option D If the selling price is $70, the price is marked up 75%.

To know more about the selling price follow

https://brainly.com/question/1153322

#SPJ2