Civil Service Exam Reviewer · Simple Interest and Profit/Loss · hard
An item costs ₱2,600. At what price should it be marked so that after giving a 10% discount, the store still earns 35% profit on cost?
- ₱3,770
- ₱3,900
- ₱3,861
- ₱3,510
Answer
B. ₱3,900
Solution
Required SP = ₱3,510. Marked price × 0.9 = SP → marked price = ₱3,900.
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