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Activity 1 Read the paragraph and answer the questions. Tess made a place mat with cross stitch design. She spent P50.00 for the cloth, P30.00 for the assorted embroidery thread and P5.00 for the needle. Questions: 1. How much is her total expenses? Answer: 2. If the standard mark-up is 20%, how much is her profit? Answer: 3. How much is the selling price of her finished place mat? Answer:​