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WAEC - Accounts Principles Of Accounts (2021 - No. 14)

Use the following information to answer this question
 Le
Sales for the year 450,000
Purchases for the year 230,000
Opening stock  60,000
Closing stock  40,000
Use the following information to answer this question
 Le
Sales for the year 450,000
Purchases for the year 230,000
Opening stock  60,000
Closing stock  40,000
Use the following information to answer this question
 Le
Sales for the year 450,000
Purchases for the year 230,000
Opening stock  60,000
Closing stock  40,000
The mark-up is
88%
80%
44.44%
26.67%

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