Answer:
Explanation:
amount of discount = $10
percentage discount = $10/$39.99 ≅ 0.25 = 25%
amount of sales tax = $1.95
sales tax rate = $1.95/$29.99 ≅ 0.065 = 6.5%
cost of jeans × 1.60 = $39.99
cost of jeans = $39.99/1.60 ≅ $24.99
discounted selling price = $29.99
markup = $29.99/$24.99 ≅ 1.20 = 20%