Use the following information to answer questions below A trader bought goods worth #16,000 and sold three-quarter of it for #20,000 The margin would be
Question 1 Report
Use the following information to answer questions below
A trader bought goods worth #16,000 and sold three-quarter of it for #20,000
The margin would be
A trader bought goods worth #16,000 and sold three-quarter of it for #20,000
The margin would be
Answer Details
Margin = Profit/Selling Price x 100
= 4,000/20,000 x 100
= 20%
= 20/100
= 1/5
= 4,000/20,000 x 100
= 20%
= 20/100
= 1/5
Download The App On Google Playstore
Everything you need to excel in your exams
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning