Gap sells jeans that cost $21.00 for a selling price of $29.95. The percent of markup based on cost is:

asked Dec 19, 2018 153k views

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($29.95 / $21.00) ≈ 1.426

1.426 represents 100% of cost + 42.6%

1 = 100%
0.426 = 42.6%

Your answer is 42.6%

Jamiek answered Dec 23, 2018

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