A. ₦20,000
B. ₦6,000
C. ₦6,174
D. ₦10,000
Correct Answer: Option C
C. ₦6,174
Explanation
Convert mark-up to margin
25/100=4
=11+4=15
profit = 1/5 x 30,870 = 6,174
A. ₦20,000
B. ₦6,000
C. ₦6,174
D. ₦10,000
Correct Answer: Option C
C. ₦6,174
Explanation
Convert mark-up to margin
25/100=4
=11+4=15
profit = 1/5 x 30,870 = 6,174
Copyright warnings! Do not copy.