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Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch...

Accounts - Principles of Accounts
JAMB 2014
Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch

What is the cost price of the goods sent to the branch
  • A. #600,000
  • B. #620,000
  • C. #640,000
  • D. #700,000
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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