Accounts > 2021 > 14
WASSCE
Use the following information to answer questions below
| Le | |
| Sales for the year | 450000 |
| Purchases for the year | 230000 |
| Opening stock | 60000 |
| Closing stock | 40000 |
- The mark-up is
A.
88%
B.
80%
C.
44.44%
D.
26.67%
Answer: B
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