Verified Answer :

dalendrk

$29.95 - $21.00 = $8.95

$8.95 : $21.00 ≈ 0.43

0.43 · 100% = 43%

oopsydaisy

If Gap sells jeans that cost $21.00 for selling price of $29.95. The percent of markup based on cost is approximately 43%. The markup in price is exactly $8.95.

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