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O-LevelCommerceRetail trade7100/12 · Oct/Nov 2022 · Q131 Mark

TK Ltd purchases pyjamas at $40 and sells them for $60. What is the mark-up on each sale of pyjamas?

A20%
B40%
C50%
D60%

✓ Correct answer

C: 50%

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About this question

Topic
Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2022 Paper 1 Variant 2, question 13.

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