Sales – #232,000
Opening stock – # 28,000
Purchases – #128,000
Carriage inwards – # 4,000
Carriage outwards – # 6,000
Closing stock – # 10,000
Discount received – # 18,000
Expenses – # 20,000
Calculate the gross profit
A #100,000
B #86,000
C #82,000
D #76,000
Answer is C
