Final answer:
The markup rate of the notebook that costs Php 33.00 with a markup of Php 3.30 is calculated by dividing the markup amount by the original cost and converting the result to a percentage. The markup rate is 10%.
Step-by-step explanation:
The question is asking to calculate the markup rate for a notebook that costs Php 33.00 given that the owner adds a markup of Php 3.30 on all products. The markup rate can be found by dividing the markup amount by the original cost and then multiplying by 100 to get the percentage.
To calculate the markup rate:
1. Divide the markup amount (Php 3.30) by the original cost of the notebook (Php 33.00).
2. Multiply the result by 100 to convert it to a percentage.
Calculation:
Markup Rate = (Markup Amount / Original Cost) × 100%
Markup Rate = (Php 3.30 / Php 33.00) × 100%
Markup Rate = 0.1 × 100%
Markup Rate = 10%
Therefore, the markup rate of the notebook is 10%.