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
Determine the profit on the goods sent to the branch at profit margin of 25% mark-up
- A. #150,000
- B. #160,000
- C. #170,000
- D. #180,000
Correct Answer: D. #180,000
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