Solution
The correct option is A At a profit
If the selling price of the article is more than its cost price, then the article is said to be sold at a profit
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The difference between the cost price and selling price of an article is
Commerce
WAEC 2012
The difference between the cost price and selling price of an article is
- A. commission
- B. mark-up
- C. rebate
- D. discount
Correct Answer: Option BExplanation
Mark-up is simply the amount added to the cost price of goods to cover overheads and profit. This is the difference between the buying price and the selling price
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If the selling price of an art...
Updated On: 27-06-2022
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क्रय मूल्य तथा विक्रय मूल्य के मध्य अंतर 575 रुपए है। यदि लाभ प्रतिशत 23% है, तो विक्रय मूल्य (रुपए में) क्या है?
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