Problem: A boutique owner spends ₱200.00 for every clothe that she will be selling on her store. Ten percent of the cost goes to her operating cost. Her goal is to earn a profit that is 35% of the...

Problem:

A boutique owner spends ₱200.00 for every clothe that she will be selling on her store. Ten percent of the cost goes to her operating cost. Her goal is to earn a profit that is 35% of the cost.

Note:

The operating cost of her business is ₱20
profit she want for her business is ₱70
The mark-up should she put on the clothes is ₱90

Questions:
What is the mark-up rate of the clothes?


How much should the selling price be?