Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

A business gave the following data: - revenue $100\,000$ - gross profit $20\,000$ What percentage mark-up was achieved?

  • A$20\%$
  • B$25\%$
  • C$75\%$
  • D$80\%$

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI