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2015-05-13T19:27:39+08:00

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We are looking for the percentage since we have the rate which is 80%(or 0.8) and the base which is P50,000 (We say that this is the base since it has the keyword "of" before it.

Percentage=Base*Rate=50,000*0.8=40000

Therefore the percentage and answer is P40,000
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