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An article cost N1,800 and is sold at a gross profit of 20% on selling...

Accounts - Principles of Accounts
WAEC 2009

An article cost N1,800 and is sold at a gross profit of 20% on selling price. What is the selling price?
  • A. ₦2,250
  • B. ₦2,160
  • C. ₦1,800
  • D. ₦1,440
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Correct Answer: Option B
Explanation
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