Question

Question 1: A clothing store sells jeans for $60 per pair. Their cost from the

manufacturer is $24 per pair.
1a: What is the markup on each pair of jeans (in dollars)?
1b: What is the markup rate on each pair of jeans (in percent)?

Answer 1

Mark up is $36 or 40%

Explanation:

60 - 24 = $36

40% of 60 is 24

It could also be 250%

Answer 2

$36

40% markup

Explanation:

60 - 24 = 36

24 is 40% of 60

Hope this helps!