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    Question

    A branch receives goods from the Head Office at an

    invoice price that includes a 25% markup on cost. If the invoice price of goods sent to the branch is ₹1,25,000, then what is the cost of goods?
    A ₹1,10,000 Correct Answer Incorrect Answer
    B ₹95,000 Correct Answer Incorrect Answer
    C ₹1,00,000 Correct Answer Incorrect Answer
    D ₹1,05,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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