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Peter decides to impose a mark-up of 5 on each pen he sells to his classmates and friends. This represents a 20% mark-up based on

Peter decides to impose a mark-up of ₱5 on each pen he sells to his classmates and friends. This represents a 20% mark-up based on the selling price. Find the (a) cost and the (b) selling price of the pens Peter sells.

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