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%.
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