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O-LevelCommerceFinance7100/12 · May/June 2021 · Q111 Mark

The cost price of a fridge-freezer is $400. The selling price is $480. What is the mark-up for the fridge-freezer?

A0.8%
B16.7%
C20%
D83.3%

✓ Correct answer

C: 20%

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2021 Paper 1 Variant 2, question 11.

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