Civil Service Exam Reviewer · Simple Interest and Profit/Loss · hard
An item costs ₱1,000. At what price should it be marked so that after giving a 25% discount, the store still earns 35% profit on cost?
- ₱1,600
- ₱1,687.50
- ₱1,350
- ₱1,800
Answer
D. ₱1,800
Solution
Required SP = ₱1,350. Marked price × 0.75 = SP → marked price = ₱1,800.
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