👤
Jamestonsitenta08011go
Answered

5. A seller of books wanted a mark-up based on cost of 20%. If his book costs P550, how much will be the mark-up? a. P27.50 b. P110 c. P2,750 d. P11,000​

Sagot :

MissArixsego

b. P110

[tex] \\ [/tex]

=================================================

[tex] \\ [/tex]

[tex] \underline{\sf Formula:} \\ \sf Markup = Cost × Markup \: Rate \\ \\ \boxed{ \begin{array}{} \sf = P550 \times 20\% \\ \sf = P550 \times 0.20 \\ \sf =P110 \end{array}}[/tex]

Go Training: Other Questions