The true statements are,
⇒ If the price is marked up 25%, the selling price will be $50.
⇒ If the selling price is $70, the price is marked up 75%.
What is the Cost price?
Cost price is the total amount of money that it costs a manufacturer to produce a given product or provide a service.
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
Selling Price = $50
Hence, This is true statement.
And, If the selling price is $70, the price is marked up 75%.
P = 70 - 40 = $30
40 x 75 / 100 = $30
Hence, This statement is true.
Therefore, the true statements are;
⇒ If the price is marked up 25%, the selling price will be $50.
⇒ If the selling price is $70, the price is marked up 75%.
Learn more about the cost price visit:
https://brainly.com/question/19104371
#SPJ1
The complete question is this,
A store bought jeans at a cost of $40 a pair. Select all the statements that are true.
A. If the price is marked up 20%, the selling price will be $60.
B. If 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%.
