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    Business
  3. Study Set
    Accounting For Managers Interpreting
  4. Exam
    Exam 6: Constructing Financial Statements: IFRS and the Framework of Accounting
  5. Question
    A Product Which Costs £125 Is Sold for £200
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A Product Which Costs £125 Is Sold for £200

Question 10

Question 10

Multiple Choice

A product which costs £125 is sold for £200. The gross margin is


A) 35%
B) 37.5%
C) 60%
D) 62.5%

Correct Answer:

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