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O-LevelCommerceFinance7100/11 · Oct/Nov 2012 · Q151 Mark

If a toy costs $2.40 and it is sold for $3, what is its mark-up?

A20%
B25%
C80%
D400%

✓ Correct answer

B: 25%

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 15.

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