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:Williams and Jacob are in partnership but there is…An asset was bought on 1st January, 1995 for…If the opening stock of Ali ltd is N40,000, cost of…A club received rent N10,000 and donation N30,000.…Yinka bought goods worth N800.00 and sold at a…