Test:ll
1. How do you solve the percentage markup based on purchase cost if your selling price of cassava is P12.50 and the purchase cost is P10.00?
pasagot naman po ng tama brainlest kopo kayo
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Explanation:
sagutan mo para masaya
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The markup formula is as follows: markup = 100 * profit / cost . We multiply by 100 because we express it as a percentage, not as a fraction (25% is the same as 0.25 or 1/4 or 20/80). This is a simple percent increase formula.
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