Seller a observes that market goers prefer to buy

1. Seller A observes that market goers prefer to buy fish from him because of
African Swine Flu on meat in the market this season. He then decides to increase
the price of tilapia by P5 per kilo. If the cost of tilapia is P110 per kilo with a 25%
mark-up, what is its new selling price with the additional increase of P5? By how
much is the rate of mark-up based on cost increased by adding P5 to the regular
selling price of the tilapia?

example, prices of summer clothes are reduced during rainy season. After
Christmas, prices of decorations are reduced so that the store will not have to store
them. When the selling price of an item is reduced, it is called a markdown
All markdowns are calculated using the selling price as the base . The markdown
amount is subtracted from the selling price to find the reduced price.
EXAMPLE: A weed trimmer was purchased for P40 and was marked up 60% on
cost. For a July 4 sale, it was marked down 25%. After the sale, it was marked up
30%. On September 1, it was marked down 20%. Find the final selling price.
.
SOLUTION:
M
2. Find the second markup.