Mathematics, 22.11.2020 16:20 itzdulce
Happy Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a
mark-up of 40% of the selling price,
a. What is the regular selling price of the TV set?
b. What was the cost of the TV set?
c. What is the rate of mark-up based on cost for the TV set?
d. If overhead expenses are at 27% of the cost, what is the break-even price of the TV
set?
e. If the TV set is sold at PhP7,500, how much profit or loss is incurred by Appliance
Store?
Answers: 2
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Happy Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a
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