2.A marked up of 15% was made on a cabinet that cost P9,500.00. What was the selling price of the cabinet?
3. Mike, a sales agent, was given a commission of P 12,000.00 of 5% commission rate for all his sales. What is his total sales?
4. A sofa set marked P40,000.00. A tax of 5% is added. What is the total cost of the sofa set?
5. Grace made a loan of 200,000.00 from a bank. If the interests given is 6% simple interest per a year, how much interest will he pay after 5 years?
3. Mike, a sales agent, was given a commission of P 12,000.00 of 5% commission rate for all his sales. What is his total sales?
4. A sofa set marked P40,000.00. A tax of 5% is added. What is the total cost of the sofa set?
5. Grace made a loan of 200,000.00 from a bank. If the interests given is 6% simple interest per a year, how much interest will he pay after 5 years?
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Answer:
sorry pero number 3 and 5 lng po masasagutan ko
Step-by-step explanation:
3.) Given: commission = P12,000.00 commission rate = 5%=0.05 sales=?
Formula: commission = sales x commision rate
sales = commission/commission rate
*you may also use this formula since sales is ask in the problem.
Solution: by substituting its value,
sales = P12,000.00/0.05
sales = P240,000.00
5.) Given: P = 200, 000.00 r = 6%=0.06 t = 5 years I =?
where; I = interest
P = pricipal
r = rate
t = term or time, in years
Formula: I = Prt
Solution; by substituting its value,
I = (200,000)(0.06)(5)
I = P60,000.00