Question

*Question:* Fancy Jean sells its women's jean for $60 to the wholesalers, and the consumers buy it from retailer for $ 90. The retailers add 10 %muc. Which of the following statements is correct?

Answer 1

The consumers buy the jeans from the retailer for $66.

Step-by-step explanation:

To find the price at which the consumers buy the jeans, we need to add the retailer's markup of 10% to the price at which the wholesaler sells the jeans.

The markup is calculated as a percentage of the wholesale price and then added to it.

In this case, the markup is 10% of $60, which is $6.

So, the consumers buy the jeans from the retailer for $60 + $6 = $66.

Therefore, the correct statement is that the consumers buy the jeans from the retailer for $66.

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