A retailer's cost and selling price for a bag of rice are N10,000 and N14,000...
MARKETING
WAEC 2022
A retailer's cost and selling price for a bag of rice are N10,000 and N14,000 respectively. What is the company's mark-up on cost?
- A. 28.6%
- B. 35%
- C. 40%
- D. 71.4%
Correct Answer: C. 40%
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