Maria was asked to go to the market to buy 2 1/2 kilos of pork, 1/4kilo of garlic, and 6 pieces of saba. One kilo of pork costs PhP215, 1 kilo of garlic costs PhP105, and one piece of saba costs PHP2.30. If Maria is given PhP700, will she be able to buy everything she was asked to buy? If yes, how much change is left, if any? 7.
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- 3. Julia buys a notebook with a cost of PhP45. The rate of mark-up based on cost is 25%. Find the selling price and the mark-up. Peter decides to impose a mark-up of PhP5 on each pen he sells to his classmates and friends. This represents a 20% mark-up based on the selling price. Find the cost and the selling price of the pens Peter sells. 5. A top costs Mang Mario PhP280 and he decides to mark it up by 30% of the selling price. Find the selling price and mark-up for the said top.Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall at a local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day, Aling Minda can sell 30 broomsticks a day.Lemuel bought bottles of food supplements at Php 1 800 each. He is planning to sell this at 15% markup on cost. At this selling price and a fixed cost of Php 40 000, how many bottles of food supplement must he sell to be able to breakeven? If he wants to earn a minimum of Php 100 000 by just selling these bottles, how many bottles must he sell?
- Read the selection for questions 6-10. Junedyl is planning to run a coffee shop where he plans to sell each cup of coffee at P50.00. The fixed cost that is amounting to P40,000.00 includes all his expenses for the rent, wages, basic needs and others. So even if Junedyl will not be able to sell, he is still obliged to pay this amount. If it costs Junedyl an average of P10.00 for every cup of coffee which is allotted for the bulk of coffee beans, purified water and coffee filters, then: 6. What equation represents the variable cost (VC) when x is the number of cups of coffee? а. VC = 5x b. VC = 10x 5. VC = с. d. VC = 7. What is the break-even quantity? 50 cups of coffee 100 cups of coffee 500 cups of coffee 1,000 cups of coffee а. b. с. d. 8. Which of the following ordered pairs determine a break-even point? (500, 1000) (1000, 50000) (1500, 50000) (5000, 1000) a. b. с. d. 9. How much profit will he earn if he sells 500 cups? а. P20,000.00 b. P40,000.00 incur loss of P20,000.00 с. d.…Michelle went to Likhang Maragondon Native Products Trading and bought 50 face mask for ₱ 16,000.00. When she got back to Manila, she sold 40 of the face masks for a total of ₱ 14,000.00 and the rest as ₱ 320.00 each. How much profit did Michelle gain?Melissa buys 16 apples. Each apple cost $2.00 per pound and each apple weighs 1 pound. a. Find the total cost including a 10% discount and a 7% sales tax. b. How much change will Melissa receive if she pays with a $50 bill?
- Wendell rents a stall in the public market for ₱7,000.00 a month. He has a helper who helps in his business and he pays him salary of ₱8,000 a month. He orders fresh chicken from a supplier that cost him ₱145.00 per kilo. He sells the chicken to his customers at ₱160.00 per kilo. How many kilos of chicken does Mark need to sell to break-even?You are creating a business from home and your neighbor is willing to sell to you a brand-new BBQ Grill for $150. You want to sell it in Amazon, who charges a $5.00 insertion fee and a comission of 3.0% based on the selling price. Your delivery expenses amounted to $25. 1. What is your minimum list price for the BBQ Grill to ensure that you at least cover your expenses?A middleclass woman wants a luxury bag so much that she is willing to pay the bag in installment as follows: On the first year she will pay ₱ 5,000.00 per month, on the second year ₱ 4,000.00 per month, and so on, until ₱ 1,000.00 per month will be paid on the fifth year and it’s finished. How much is the luxury bag if money is worth 9%?
- Mary owns a flower shop in Dangwa. She knows that a lot of male customers will buy roses few days before Valentine's day. A bouquet of roses costs P150.00 and sold at P220.00 on regular days. On Valentine's day, the rate of markup based on the selling price of the bouquet is 10%. Mary knows that evenif she increases the selling price of the bouquet of roses, people will still buy it. So she decided to put a mark-on at 5% of the selling price during Valentine'sDay. a)How much is the mark up? b) How much is the actual selling price on Valentine's day? c) How much is the additional mark-on? d) How much is the new selling price after additional mark-on?The first customer bought $3.00 worth of oranges. She bought them in a bag, so she didn't know that the price came out to $0.40 per pound. The next customer also bought a $3.00 bag of oranges, but he paid $0.50 per pound for his oranges. Of the oranges sold so far, what has been the average price per pound?Teresa's taco truck currently sells 2,500 tacos per day, for $6 each. Teresa estimates that, for each $1 she Increases the price of a taco, she will sell 300 less tacos per day (fewer people will want to buy if the price Increases). 1. How much money does Teresa currently make (total) per day? 2. How much revenue would she make If she Increased the price of a taco to $7 and she sold 300 fewer tacos? 3. Find a function that glves the quantity sold in terms of the price. (Hint, find two points and then find the linear equation between them.) 4. Find a function that models Teresa's revenue per day in terms of the price of a taco. (Hint: Revenue=quantity times price.) 5. Find the taco price and total revenue that maximizes revenue per day from taco sales. Round your answer(s) to the nearest cent.