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WAEC Marketing 2026 Question 28

Question 28

Pricing

Use the following information to answer questions 27 and 28.
The cost price of a product is N100 and the margin is N25.
What is the percentage mark-up?

  1. A.1.0%
  2. B.12.5%
  3. C.25.0%
  4. D.33.3%
Show the answer and explanation

Answer: C (25.0%)

Explanation

Mark-up = 25/100 × 100% = 25%.