Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A retailer marks up an item costing ₱2,440 by 30% of cost. What is the marked price?
- ₱3,172
- ₱732
- ₱3,485.71
- ₱2,470
Answer
A. ₱3,172
Solution
Marked price = ₱2,440 × 1.3 = ₱3,172.
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