Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A store wants a 15% profit on an item that costs ₱8,100. What should its selling price be?
- ₱1,215
- ₱9,315
- ₱9,529.41
- ₱8,115
Answer
B. ₱9,315
Solution
SP = ₱8,100 × 1.15 = ₱9,315.
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