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O-LevelCommerceFinance7100/12 · May/June 2020 · Q131 Mark

What is meant by mark-up?

Aamount added to cost price

Bamount added to selling price

Camount of sales revenue

Damount of stock turnover

✓ Correct answer

A: amount added to cost price

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2020 Paper 1 Variant 2, question 13.

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