Kezel’s Flower Shop imposes a 45% mark-up on cost for the roses delivered to customers. The
cost of each rose is ₱50.00. During All Saint’s Day, however, an additional mark-on of 30% of the
regular selling price is added on. How much is the selling price of each rose during All Saint’s Day
at this flower shop?
A. ₱100.00
B. ₱94.25
C. ₱94.00
D. ₱92.50
Answers
Given : Kezel’s Flower Shop imposes a 45% mark-up on cost for the roses delivered to customers . The Cost of each rose is ₱50.00.
During All Saint’s Day, an additional mark-on of 30% of the regular selling price is added on.
To Find : How much is the selling price of each rose during All Saint’s Day
at this flower shop?
Solution:
Cost of Rose = ₱50.00
45% mark-up on cost = (45/100)50 = 22.5 ₱
Regular Selling Price = 50 + 22.5 = 72.5 ₱
During All Saint’s Day an additional mark-on of 30% of the regular selling price is added on.
Add on = (30/100) 72.5 = 21.75 ₱
selling price of each rose during All Saint’s Day at this flower shop
= 72.5 + 21.75 ₱
= 94.25 ₱
option B is correct
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