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O-LevelCommerceFinance7100/11 · Oct/Nov 2016 · Q141 Mark

Mrs Manley owns a fashion store. Her wholesaler's trade price for shirts is $20 each. She receives a 10% discount on her purchases. She sells the shirts in her store for $27 each. What is her percentage mark-up?

A35%

B38.8%

C45%

D50%

✓ Correct answer

D: 50%

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 1, question 14.

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