Math

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mr santos brought a box of pencils worth ₱100.00. if this box contains 20 pencils and she intends to sell each at ₱7.00 in her sari-sari store, what is the markup rate she used for this?

Sagot :

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Answer: 40%

Solution:

₱7×20=₱140

₱140-₱100= ₱40

Mark-up rate = ₱40/₱140

=0.4

=40%

Hope it helps po...

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