Question

Sales * 2,00,000; Purchases *1,30,000; Wages 18,000; Closing Stock was 2,000 more than
Opening Stock. What was the Profit markup on cost?
(a) 27%
(b) 33.33%
(c) 56.25%
(d) None of these​

Answer 1

Answer:

b- 33.33%

Explanation:

reshuffle formula of cogs