Question: 8 Time left 00:51:38 < > Not yet answered Marked out of 2.00 Africa Traders is not a registered VAT vendor and buys and sells

8 Time left 00:51:38 < > Not yet answered Marked out of 2.00 Africa Traders is not a registered VAT vendor and buys and sells furniture. Africa Traders sold a dining room table for R3 400. The mark-up percentage on cost is 25%. What is the profit the entity will make on this product? NB: Instructions 1. Do not type the amount with any spaces as separators for thousands (eg: 12141.72) 2. Use a full stop to indicate any decimals (eg: 1000.01) 3. You must enter cents even if it is 0 (eg .00) 4. Only show the amount, do not show the R (eg: 12141.72) Answer: Answer Question 9 Not yet answered Marked out of 1.00

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