SOLUTION: Use the markup equation S = C + rC, where S is the selling price, C is the cost, and r is the markup rate.
A pair of jeans with a selling price of $40 has a markup rate of 60%.
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A pair of jeans with a selling price of $40 has a markup rate of 60%.
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Question 356686: Use the markup equation S = C + rC, where S is the selling price, C is the cost, and r is the markup rate.
A pair of jeans with a selling price of $40 has a markup rate of 60%. Find the cost of the pair of jeans. Answer by mananth(16946) (Show Source):
