= given info x %age of required info/% of given info
note that it is markup
= 800,000 * 25/125
On Sun, May 15, 2011 at 12:36 AM, mc100203362 Asif Iqbal <mc100203362@vu.edu.pk> wrote:
please guide, is it true???i personally think it is 200000, wats ur opinion!!--
If, Sales = Rs. 800,000
Markup rate = 25% of cost
What would be the value of Gross profit?
► Rs. 200,000
► Rs. 160,000
► Rs. 480,000
► Rs. 640,000
Reference:
800000*25/125 = 160000
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