Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A retailer marks up an item costing ₱1,560 by 50% of cost. What is the marked price?
- ₱780
- ₱3,120
- ₱2,340
- ₱1,610
Answer
C. ₱2,340
Solution
Marked price = ₱1,560 × 1.5 = ₱2,340.
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