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3 Self-assessment activity Consider the following two independent scenarios: 3.1. Complete the following table: Mark-up on Cost price Profit Selling price cost (Excl. VAT)

3 Self-assessment activity Consider the following two independent scenarios: 3.1. Complete the following table: Mark-up on Cost price Profit Selling price cost (Excl. VAT) (Excl. VAT) (Excl. VAT) 10% 100.00 ? ? 25% ? ? 500.00

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