What do you call a number that is written in the form of a/b, where a and b are whole numbers but b cannot be zero?, Ratio, Fractions, If three ball pens cost ₱ 15.00, how many ballpens can you buy with ₱ 60.00?  , 10, 12, Some businesses want to take advantage of the peak season and thus increasing the prices already pegged for the commodities. Which among the following is being described by the statement?, Mark-on, Mark-up, t is the amount that a company or a store has to pay for the goods they are going to sell and the price that has to be spent to produce goods or services before any profit is added., Cost Price, Operating Cost, What is the difference between the selling price and the cost of price?  , Mark-down, Mark-up, It is the money earned by a company after incurring costs in producing goods., Gross Profit, Gross Margin, An air conditioning unit, listed at ₱ 36,000.00 and has a trade discount series of 5%, 10%, and 3%. Compute the invoice price., P 29,856.60, P 30,856.60, In comparing profit and loss, which of the following is considered as financial gain?  , Loss, Profit, What occurs when the cost and expenses exceed the selling price?, Loss, Profit, These are given to customers in order to encourage them to purchase in volume and also effective in promoting seasonal items. and to entice new set of customers, Single Trade Discount, Discount Series.

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