A business operates on a mark-up of 25%. If cost of goods sold is N800,000. What is profit? by Sunday | Jun 4 | Accounting WAEC | 0 comments A. N360,000 B. N200,000 C. N160,000 D. N40,000 Correct Answer: Option B B. N200,000 Users Also Read These:XYZ Ltd's total sales was #100,000. It had opening…The cost of goods sold at N32,000. The gross profit…An asset was bought on 1st January, 1995 for…Yinka bought goods worth N800.00 and sold at a…Opening creditors was N65,000, closing creditors was…