1.) Sally sold a computer for Php 219,540.00. The cost of the item was Php 147,470. What was the Gross Margin, Markup amount, and the Markup percentage?
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Step 1
To convert MK to PHP, we need to know the exchange rate between the two currencies. Let's assume the exchange rate is 1 MK = 0.049 PHP. Cost of the item in PHP = 4,470 MK * 0.049 PHP/MK = 218.730 PHP Show more…
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