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The cost price of an antique table is RM 5000. What is the retail (selling) price and markup if the seller wants a 20% markup
The cost price of an antique table is RM 5000. What is the retail (selling) price and markup if the seller wants a 20% markup based on i. Cost price ii. Retail price. Q2 Mariam's Shop purchased 90 shirts at a cost of RM20 each. The shop expects that 10% of the shirts will be sold at a reduced price of RM15 each. If the shop is to maintain a 75% markup on cost on the entire purchase, find the regular price of the shirts. Q3 Haris invested RM 10,000 in two accounts, some at 10% per annum and the rest at 7 % per annum. His total interest for one year was RM 820. Calculate the amount invested at each rate. Q4 RM 500 is invested at 12% per annum. Calculate: i. The interest at the end of a year. ii. The interest earned at the end of 5 years. Q5 The markdown percent on a TV set is 10%. If the new retail price is RM900, find the old retail price
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