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O-LevelCommerceFinance7100/12 · May/June 2013 · Q401 Mark

During a month a retailer buys 1000 articles for $20 each. She sells all of them with a mark-up of 30%. Her expenses total $2000. What is her turnover for the month?

A$18000
B$20000
C$24000
D$26000

✓ Correct answer

D: $26000

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2013 Paper 1 Variant 2, question 40.

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