A company wishes to earn a 20% profit margin on selling price. Which of the following is the profit mark-up on cost, which will achieve the required profit margin?

1. A company wishes to earn a 20% profit margin on selling price. Which of the following is the profit mark-up on cost, which will achieve the required profit margin?

[চট্টগ্রাম বিশ্ববিদ্যালয় ভর্তি পরীক্ষা ২০১২-২০১৩ ইউনিট-c : 2013]

1. 33%

2. 25%

3. 20%

4. 50%

5. None of the above

Answer

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