A company operating a chain of retail provision stores invoices goods to the branches at cost plus a mark-up of 25%. What is the mark-up percentage on selling price?
A 35%
B 30%
C 20%
D 15%
Answer is C
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A company operating a chain of retail provision stores invoices goods to the branches at cost plus a mark-up of 25%. What is the mark-up percentage on selling price?
A 35%
B 30%
C 20%
D 15%
Answer is C
