Markups and Markdowns Answers

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

If the price is marked up 20%, the selling price will be $60.

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

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

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

What is the sale price?$16.20$10.80✔ $25.20$46.80

$16.20

$10.80

✔ $25.20

$46.80

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