HO sends goods to branch at 20% profit on invoice price, therefore the percentage of profit on cost comes to

HO sends goods to branch at 20% profit on invoice price, therefore the

1.	HO sends goods to branch at 20% profit on invoice price, therefore the percentage of profit on cost comes to
A.	15%
B.	25%
C.	33.33%
D.	20%
Answer» C. 33.33%