O-LevelAccountingAnalysis and interpretation7707/11 · Oct/Nov 2013 · Q281 Mark

Which will improve the gross profit as a percentage of sales?

Aincreasing expenses

Bincreasing selling price

Creducing expenses

Dreducing selling price

✓ Correct answer

B: increasing selling price

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2013 Paper 1 Variant 1, question 28.

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