Question on: WAEC Accounting - 2016
Offei, a petty trader sold goods for GH¢36,240. The gross profit being 33\(\frac{1}{3}\)% on cost. What was the cost price?
A
GH¢45,300
B
GH¢28,992
C
GH¢27,180
D
GH¢24,160
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Correct Option: B
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