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O-LevelCommerceWholesale trade7100/11 · May/June 2010 · Q161 Mark

A wholesaler buys coats from a manufacturer for $30 each. The wholesaler sells them to a retailer for $39 each. The retailer then sells them in her shop for $50 each. What is the wholesaler's percentage mark-up?

A22%
B23%
C30%
D40%

✓ Correct answer

C: 30%

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About this question

Topic
Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2010 Paper 1 Variant 1, question 16.

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