Question

a company bought printer cartridges for \\( \text{p}2,800 \\) each and added a \\( 30\\% \\) markup. how much will the cartridges be sold for?

choose an answer

• \\( \text{p}3,180 \\)
• \\( \text{p}2,520 \\)
• \\( \text{p}3,640 \\)
• \\( \text{p}1,960 \\)

Explanation:

Step1: Identify the cost price and markup percentage

$$\text{Cost Price} = \text{₱}2,800$$

$$\text{Markup Percentage} = 30\% = 0.30$$

Step2: Calculate the markup amount

$$\text{Markup Amount} = 2,800 \times 0.30 = 840$$

Step3: Calculate the selling price

$$\text{Selling Price} = 2,800 + 840 = 3,640$$

Answer:

₱3,640