A company charges out goods to a branch at cost plus 25 percent. It invoiced N12,00 worth of goods The mark-up is

Use the following information to answer this question

A company charges out goods to a branch at cost plus 25 percent. It invoiced N12,00 worth of goods

The mark-up is

A N15,000

B N9,000

C N4,000

D N3,000

Answer is D

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