5) A wallet costs P1560 to produce. If the manufacturer wants a 60% mark-up based on cost, what should be the selling price of the wallet?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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5) A wallet costs P1560 to produce. If the
manufacturer wants a 60% mark-up based on cost,
what should be the selling price of the wallet?
Transcribed Image Text:5) A wallet costs P1560 to produce. If the manufacturer wants a 60% mark-up based on cost, what should be the selling price of the wallet?
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