Question: A fashion designer sold a pair of jeans to a retail store for 40 percent more than it cost to manufacture the pair of jeans. A customer bought the pair of jeans for 25 percent more than the retailer paid for them. The price the customer paid was what percent greater than the cost of manufacturing the jeans?

1. 65%
2. 70%
3. 75%
4. 85%
5. 95%

“A fashion designer sold a pair of jeans to a retail store for 40 percent”- is a topic of the GMAT Quantitative reasoning section of GMAT. To solve GMAT Problem Solving questions a student must have knowledge about a good amount of qualitative skills. The GMAT Quant topic in the problem-solving part requires calculative mathematical problems that should be solved with proper mathematical knowledge.

Solution and Explanation:
Approach Solution 1:
Let the cost of manufacture be X.
The price paid by the store = 1.4X
Price paid by customer = 1.25 into 1.4X = 1.75X
Therefore the markup is 75%

Correct Answer: C

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