CIPS Commercial Negotiation L4M5 Question # 86 Topic 9 Discussion

CIPS Commercial Negotiation L4M5 Question # 86 Topic 9 Discussion

L4M5 Exam Topic 9 Question 86 Discussion:
Question #: 86
Topic #: 9

In a detailed cost breakdown, a company has a salary cost of 9%, raw materials cost 51% and overheads cost 24%. Which of the following represents the mark-up of that company?


A.

Approximately 84%


B.

Approximately 19%


C.

Approximately 116%


D.

Approximately 16%


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