Question

1. the price of the jeans was marked up by 60%. if the store purchased the jeans from the factory for $20, what was the price of the jeans after markup?
2. the price of the shirt was increased from $30 to $36. find the percent increase of the shirt.

Explanation:

Step1: Calculate markup amount

$\text{Markup} = 20 \times 0.60 = 12$

Step2: Add markup to cost

$\text{Final price (jeans)} = 20 + 12 = 32$

Step3: Calculate price increase

$\text{Price increase (shirt)} = 36 - 30 = 6$

Step4: Find percent increase

$\text{Percent increase} = \frac{6}{30} \times 100\% = 20\%$

Answer:

1. The price of the jeans after markup is $\$32$
2. The percent increase of the shirt is $20\%$