2. The cost of a T-shirt from the manufacturer is P450.00. If Jane wants a 30% mark-up.
how much will her selling price be?
a. P 558.00
b. P 585.00
C. P 630.00
d. P 645.00
3. Which of the following refers to the amount added to cost to arrive at the original
selling price?
a. Mark-on
b. Markdown
c. Mark-up
d. Mark-up cancellation
4. A retailer bought a computer game for P1,250.00. How much is the mark-up if the
mark-up rate is 40%?
a. P1,750.00
b. P 1,500.00
C. P 750.00
d. P 500.00
5. Which of the following refers to the amount of sales minus the cost of goods sold?
a. Selling price
b. Original selling price
c. Gross margin
d. Cost
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Answer:
2. B
3. C
4. A
5. C
Sana makatulong :)