alleryStart learning →A job costs Rs 15,000 in total. The firm quotes cost plus a 20 percent markup. Quote?
ARs 17,000
BRs 19,000
CRs 18,500
DRs 18,000
Answer & Solution
Correct answer: D. Rs 18,000
Markup is 20 percent of 15,000 = 3,000, so the quote is 15,000 + 3,000 = 18,000.
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