Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch
FINANCIAL
JAMB 2014
Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch
What is the cost price of the goods sent to the branch
- A. #600,000
- B. #620,000
- C. #640,000
- D. #700,000
Correct Answer: B. #620,000
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