Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A retailer marks up an item costing ₱6,880 by 25% of cost. What is the marked price?
- ₱1,720
- ₱9,173.33
- ₱6,905
- ₱8,600
Answer
D. ₱8,600
Solution
Marked price = ₱6,880 × 1.25 = ₱8,600.
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