A manufacturer sells his final product for R 100 plus VAT @ 15 % to a Wholesaler. The Wholesaler sells the product at a mark-up of 50 % above cost to the manufacturer. If the retailer s mark up on cost is 25 %, the final consumer will pay ----------- (Including VAT). A. R 215.63 B. R 187.50 C. R243.68 D. R171.00

A manufacturer sells his final product for R 100 plus VAT @ 15 % to a Wholesaler. The Wholesaler sells the product at a mark-up of 50 % above cost to the manufacturer. If the retailer s mark up on cost is 25 %, the final consumer will pay ----------- (Including VAT). A. R 215.63 B. R 187.50 C. R243.68 D. R171.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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