Sai Baba made sales of N10,000 having computed his gross profit % to sales to be 20. His opening stock was N250 and ending stock is N200. Calculate his purchases.
A N7950
B N8050
C N7050
D N8950
Answer is A
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Sai Baba made sales of N10,000 having computed his gross profit % to sales to be 20. His opening stock was N250 and ending stock is N200. Calculate his purchases.
A N7950
B N8050
C N7050
D N8950
Answer is A
