Goods sent to branch at invoiced price is ₦30,870, cash sales ₦13,020 a nd Bad debt amounted to 129. From the following, what is the profit? A

Abelawo ltd operates a retail branch at Aba. All purchases are made by the head office in Onitsha and goods are charged to the branch at cost plus 50%. During the year ended. Goods sent to branch at invoiced price is ₦30,870, cash sales ₦13,020 and Bad debt amounted to 129. From the following, what is the profit?

A

20,580

B

10,290

C

7980

D30,870

Answer is B