ANTHONYAGLAMAS73GO
Answered

2. What was the original selling price of an item that was bought for Php19,995 after
a markup rate of 20% based on cost was applied to all items after the soft launching
of the store?
Solution:​

Sagot :

ZANEVLADGO

Answer:

Php 15,996

Step-by-step explanation:

Php 19,995 (with mark up 20%)

step 1 convert mark up percentage to decimal

20% divided by 100 you will get 0.20

step2 Multiply Php 19,995 by 0.20

Php 19,995 x .20 = Php 3,999 is the 20% mark up cost of an item

Step 3 Minus the 20% mark up cost of an item to Php19,995 to get the original selling price of an item

Php 19,995 - Php 3,999 = Php15,996

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