Bosun bought goods worth N500 and sold it at a margin of 20% on selling...

Accounts - Principles of Accounts

WAEC 1994

Bosun bought goods worth N500 and sold it at a margin of 20% on selling price. For how much did he sell the goods?

A. N100
B. N125
C. N500
D. N600
E. N625

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Correct Answer: Option E

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Bosun bought goods worth N500 and sold it at a margin of 20% on selling...

Correct Answer: Option E

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