7. If the selling price of the item is 1,000 pesos. How much is the 30% mark-up of the item?
A. 300 pesos
C. 400 pesos
B. 550 pesos
D. 250 pesos
8. If the selling price of the item is 250 pesos. How much is the 20% mark-up of the item?
A. 60 pesos
C. 50 pesos
B. 100 pesos
D. 75 pesos
9. If the selling price of the item is 1,250 pesos. How much is the 60% mark-up of the item?
A. 600 pesos
C. 650 pesos
B. 750 pesos
D. 725 pesos
10. If the selling price of the item is 2,500 pesos. How much is the 80% mark-up of the item?
A. 2,160 pesos
C. 2,050 pesos
B. 2,170 pesos
D. 2,000 pesos
Answers
Answer:
7. 300 pesos
8.50 pesos
9.750 pesos
10.2000 pesos
Step-by-step explanation:
simply multiply price and mark up percentage
7. Given: selling price of the item is 1,000
To find: 30% mark-up
Solution:
MP= 1000 INTO 30/100= 10 INTO 30
=300
The mark up is A.300.
8. Given: selling price of the item is 250
To find: 20% mark-up
Solution:
MP= 250 into 20/100= 25 into 2
= 50
The mark up C. 50.
9. Given: selling price of the item is 1,250
To find: 60% mark-up
Solution:
MP= 1250 INTO 60/100= 125 INTO 6
=750
The mark up is B. 750.
10. Given: selling price of the item is 2,500
To find: 80% mark-up
Solution:
MP= 2500 into 80/100= 250 into 8
= 2000
The mark up is D. 2000.