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O-LevelCommerceFinance7100/12 · Oct/Nov 2015 · Q171 Mark

A shopkeeper stocks a range of goods on which the mark-up is 25%. If each good is sold for $10, at which price have they been bought from the wholesaler?

A$2
B$2.50
C$8
D$10

✓ Correct answer

C: $8

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2015 Paper 1 Variant 2, question 17.

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