Determine the profit on the goods sent to the branch at profit margin of 25% mark-up?

By: |Published on: Dec 1|Categories: Accounting JAMB| 0 comments

Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch

A. #150,000
B. #160,000
C. #170,000
D. #180,000

Correct Answer:

Option D – #180,000

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