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A business operates on a mark-up of 25%. If cost of goods sold is N800,000. What is the ...
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2004
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A business operates on a mark-up of 25%. If cost of goods sold is N800,000. What is the profit?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
N360,000
B
N200,000
C
N160,000
D
N40,000
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Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
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