Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A retailer marks up an item costing ₱1,320 by 40% of cost. What is the marked price?
- ₱528
- ₱2,200
- ₱1,360
- ₱1,848
Answer
D. ₱1,848
Solution
Marked price = ₱1,320 × 1.4 = ₱1,848.
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