Civil Service Exam Reviewer · Simple Interest and Profit/Loss · hard
An item costs ₱7,800. At what price should it be marked so that after giving a 25% discount, the store still earns 25% profit on cost?
- ₱11,700
- ₱12,187.50
- ₱9,750
- ₱13,000
Answer
D. ₱13,000
Solution
Required SP = ₱9,750. Marked price × 0.75 = SP → marked price = ₱13,000.
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