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consolidated statement

JJerin6y ago
In BPP revision kit Qst No. 26.23 it says sold on markup but I think in the ans it is done margin. I didn't get it yet...
John MoffatJohn MoffatTutor6y ago#1
Although mark-ups are usually calculated on the cost, this question specifically states that the mark-up is 40% of the sales price.
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