A business operates on a mark-up of 25%. If cost of goods sold is N800,000. What is the profit?
A N360,000
B N200,000
C N160,000
D N40,000
Answer is B
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A business operates on a mark-up of 25%. If cost of goods sold is N800,000. What is the profit?
A N360,000
B N200,000
C N160,000
D N40,000
Answer is B