I. A retailer when fixing his selling price adds one-quarter to the cost of the ...
I. A retailer when fixing his selling price adds one-quarter to the cost of the article
II. The expenses of the retailer is 10% of his sales
III. The total sales is ₦23,000
IV. he turned over his stock five times in the year.
Compute the average amount of stock in hand at cost price
The correct answer is C.
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