19. Adam's art gallery bought a photograph at the whole sale price of
P 1,250.00. Adam marked the price up 40%. How much is the mark-up
price of the photograph?
a) P1,750.00 b) P 1,850.00 C) P 1,650.00 d) P 1,450.00
20. Mr.Cruz barrowed P 25,000.00 from a bank at 8% simple interest
per year. If he paid it after 1 year, how much did he pay?
a) P 25,000 b) P 26,000 c) P 27,000 d) P 24,000
Answers & Comments
Answer:
19. 1,750
20. 27,00
Step-by-step explanation:
19. 1,250 × 1.40 (40%) =1,750
20. 25,000 × 1.08 (8%) =27,000