Overrun store sells 100 pairs of skinny jeans at 500 pesos each, 150 pairs of ripped jeans at 700 pesos each, 90 pairs of clean cut jeans at 400 pesos each, and 200 pairs of high waist jeans at 800 pesos each.
Over Run Store
Bea is a pants enthusiast. Since she has a heart for pants or jeans when she went to the mall, Over Run Store immediately caught her attention.
Due to the service Bea experienced, she later on recommended the store to her friends.
Hey Bea! Do you know a place where we can purchase good jeans??
Try Over Run Store!
1. Over Run Store sells highwaist pants at 800 php each. If each highwaist pants costs 450 php, determine the mark up and the rate of mark up based on the given cost.
Bea bought 5 pairs of high waist jeans.
Given: MU=SP-C SP=800php MU= 800 php– 450 php C=450 php MU = 350 php MU=? MUR=? MUR= MU/ C = 350 /450 = 0.7778 or 77.78%
After hearing Bea's recommendation about how good the quality of jeans are, Julia and Angel later on visited the store to buy some pants.