asked 165k views
1 vote
Gap sells jeans that cost $21.00 for a selling price of $29.95. The percent of markup based on cost is

2 Answers

4 votes
$29.95 - $21.00 = $8.95

$8.95 : $21.00 ≈ 0.43

0.43 · 100% = 43%
3 votes
If Gap sells jeans that cost $21.00 for selling price of $29.95. The percent of markup based on cost is approximately 43%. The markup in price is exactly $8.95.
answered
User Soumik Rakshit
by
6.8k points

Related questions

1 answer
0 votes
153k views
1 answer
21 votes
66.5k views