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O-LevelCommerceRetail trade7100/12 · May/June 2015 · Q161 Mark

A shop sells a television for $750. The shop had a mark-up of 20% on the television set. What price did the shop pay for the television?

A$150

B$600

C$625

D$750

✓ Correct answer

C: $625

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About this question

Topic: Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2015 Paper 1 Variant 2, question 16.

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