10. During the rainy season when guavas are abundant, mother made guava jam. She paid
P55.00 for all the ingredients needed for the recipe. After the 20% mark up, how much would be
the selling price of mother's guava jam? i needed explain
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10. During the rainy season when guavas are abundant, mother made guava jam. She paid
P55.00 for all the ingredients needed for the recipe. After the 20% mark up, how much would be
the selling price of mother's guava jam? i needed explain
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Answer:
Php 66.00
Explanation:
Php 55 - cost price
20% - mark up
turn the mark up into a decimal!
.20 or .2 - mark up
then multiply it by 55 or the cost price!
55 x .2 = 11
11 (yn ung tubo)
now add the product of 55 and .2 to the cost price
55 x .2 = 11 + 55 = 66
and that's how I got the Php 66.00 or Php 66