What I Can Do APPLICATION. Solve, show your solutions. 1. Manang Crising observes that market goers prefer to buy fish from her because there is an undersupply of meat in the market this season. She then decides to increase the price of galunggong to P180 per kilo with the cost of galunggong at P150 per kilo.
a. What is the % mark-up of each kilo of galunggong?
b. What is the profit margin for each kilo of galunggong?
a. What is the % mark-up of each kilo of galunggong?
b. What is the profit margin for each kilo of galunggong?
Answers & Comments
Answer:
The mark up of each kilo of galunggong is 20%.
Step-by-step explanation:
Mu=180-150=30
(0.30×100):150=
3000:150=20%