1.) Mrs.Santos sell her flowers for P120.00 per small pot,she wants to have a markup of 15% of the product.Solve or the Markup and the new Selling Price of the product.
2.) Mr.King is selling milktea for P75.00 per medium bottle.He wants to add a 20% of markup to the product.Solve for the Markup and the new Selling Price of each product.
2.) Mr.King is selling milktea for P75.00 per medium bottle.He wants to add a 20% of markup to the product.Solve for the Markup and the new Selling Price of each product.
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Answer:
1.) Sell:P120.00
Mark up: 15%
120 x 0.15 = 18
18 + 120
= P138.00
2.) 75 × 0.20 = 15
75 + 15
=90