Greatbar70idn
Answered

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Mrs. Melanie Lazo pays Php 15.75 for each hair clip to its supplier. She decided to add markup of Php 3.15. What is the markup rate?

With solution plz ​​

Sagot :

Hannahisobel19idn

Answer:

the makup rate is 20%

Step-by-step explanation:

makup rate=(markup price ÷cost)×100

=(php.3.15÷php.15.75)×100

=0.20×100

final answer is 20%

THE MARKUP refers to the value or cost that is being added to the price of the product. it is determined by the markup rate. the MARKUP RATE is the ratio of the percentage if its cost.it is number written with the percentage symbol%

The problem is asking for the markup rate mrs.lazo added to each hair clip. TO FIND THE MARKUP RATE you have to divide the markup price by the cost. then multiply by 100 add the percrnt symbol %

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