What was the original selling price of an item that was bought for Php19,995
after a markup rate of 20% based on cost was applied to all items after the soft
launching of the store?
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If you know the sales price and the markup percentage, you can calculate the original price before the markup has been added. Convert the percentage markup to a decimal by dividing by 100. For example, if you were using a 20 percent markup, you would divide 20 by 100 to get 0.2.
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Answer:
the above ans is correct..
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