Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

- If cost price is sh.90 and selling price is sh. 120 , then (i) Mark-up is 25 per cent (ii) Margin is 331/3 per

image text in transcribed
- If cost price is sh.90 and selling price is sh. 120 , then (i) Mark-up is 25 per cent (ii) Margin is 331/3 per cent (iii) Margin is 25 per cent (iv) Mark-up is 331/3 per cent Calculate margin and mark up Select one: (ii) and (iv) iii) and (iv) (i) and (ii) i) and (iii)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Swanson On Internal Auditing Raising The Bar

Authors: IT Governance Publishing

1st Edition

1849280673, 978-1849280679

More Books

Students also viewed these Accounting questions