A company has sales of GH 1,000. The company sells three types of goods. Sixty percent of
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A company has sales of GH₵ 1,000. The company sells three types of goods. Sixty percent of sales are of type A which is sold at a mark-up of 20%. Type B goods are sold at a margin of 30%. The cost of type B sold in the year was GH₵ 154 and total gross profit for the year was GH₵ 184. What was the gross profit for type B?
A. GH₵ 10
B. GH₵ 20
C. GH₵ 30
D. GH₵ 66
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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