1 If cost price is £90 and selling price is £120, then ( i ) Mark-up is 25 per cent ( ii ) Margin is 331/3 per cent ( iii ) Margin is 25 per cent ( iv ) Mark-up is 331/3 per cent (A) ( i ) and ( ii )...

1
If cost price is £90 and selling price is £120, then

(i
) Mark-up is 25 per cent

(ii
) Margin is 331/3 per cent

(iii
) Margin is 25 per cent

(iv) Mark-up is 331/3 per cent

(A) (i) and (ii
)

(B) (i) and (iii
)

(C) (iii) and (iv)

(D) (ii) and (iv)

May 06, 2022

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