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ACTIVITY IN BUSINESS MATHEMATICS Complete the amount and percent of the following: (10 pts) Increase / Decrease SECB SECA AMOUNT (P000) (P000) (P000) Sales 275 150 Cost of Sales Gross Profit 65 Operating 45 SS Expenses Net Income 30 20 85 130 80 Answer the following and show your complete solution. 1. Eugine and Erlita are partners with capital balances of P32 000.00 and P48 000.00, respectively. Their partnership earned a net profit of P8 600.00. Find the capital ratio and find the share of Eugine and Erlita. (5pts) 2. An item cost P1 000.00. Assume an original selling price of P1 300.00. The selling price was raised to P1 400.00. it was later on tagged to sell at P1 200.00. (5pts) a. How much is the additional markup? b. How much is the markup cancellation? c. How much is the markdown? Complete the following: (10pts) Selling Price Cost Markup MU% MU,% P365 P845 P600 P500 P135 20% P65 P300 P700 P120 Total points: 30 pts