KPKC Ltd bought 60 packs of beverages at # 150 each and sold them at a 20% mark-up
Use the information above to answer this question
What is the total cost of the beverage?
KPKC used a cost-plus pricing strategy because it uses mark-up
Cost = #150×60 = #9000
Mark-up = \(\frac{\text{profit}}{\text{cost}}\)
\(\frac{20}{100}\) = \(\frac{\text{profit}}{9000}\)
Profit = #1,800
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