Star Traders price their goods on the basis of 'cost plus 25 per cent'. The gross profit
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Star Traders price their goods on the basis of 'cost plus 25 per cent'. The gross profit is therefore:
(a) 25 per cent;
(b) 20 per cent;
(c) 33! per cent;
(d) none of these.
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Related Book For
Financial Accounting And Reporting An Introduction
ISBN: 978-0333346402
1985 Edition
Authors: R. Limmack
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