A business operates on a mark-up of 25%. If cost of goods sold is N800,000….

Accounts - Principles of Accounts WAEC 2004

A business operates on a mark-up of 25%. If cost of goods sold is N800,000. What is the profit?

  • N360,000
  • N200,000 checkmark
  • N160,000
  • N40,000

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment