A company goods sent to branch at invoiced price is #30,870 at cost plus 25%.

FINANCIAL
JAMB 2019

A company goods sent to branch at invoiced price is #30,870 at cost plus 25%. The mark-up is

  • A. #20,000
  • B. #6,000
  • C. #6,174
  • D. #10,000

Correct Answer: C. #6,174



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