A trader adds 25% on cost as profit. The profit on sales of $300,000 would...

Accounts - Principles of Accounts

WAEC 2020

A trader adds 25% on cost as profit. The profit on sales of $300,000 would be

A. $75,000
B. $60,000
C. $50,000
D. $20,000

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Correct Answer: Option A

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A trader adds 25% on cost as profit. The profit on sales of $300,000 would...

Correct Answer: Option A

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