A Company Buys in a Unit at a Cost of £2

question 20

Multiple Choice

A company buys in a unit at a cost of £2 per unit.The selling price is £3 per unit.Which of the following statements is correct?

• A) Mark up is 67%; Margin is 150%.
• B) Mark up is 150%; Margin is 67%
• C) Mark-up is 50%; Margin is 33%
• D) Mark-up is 33%; Margin is 50%

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Definitions:

Leader's Term

The period during which an individual holds the leadership position in an organization or team.

New Leader

An individual who has recently assumed a leadership position, bringing fresh perspectives or approaches to the role.

Previous Leader

The individual who held a leadership position before the current leader, whose actions and decisions may still influence the team or organization.

Internal Attribution

The process of assigning the cause of behavior to personal aspects such as traits, abilities, or feelings.