Naga Supermart paid P12,000 for a set of dishes. Expenses are 10%
of the selling price while the required profit is 15% of the selling price.
During an inventory sale, the set of dishes was marked down by 30%.
a. What was the regular selling price?
b. What was the sale price?
c. What was the profit or loss?
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Answer:
A.1 20,000 B . 84,000 C.72,000
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