Sai Baba made sales of ₦10,000 having computed his gross profit % to sales to be 20. His opening stock was ₦250 and ending stock is ₦200. Calculate his purchases.

Sai Baba made sales of ₦10,000 having computed his gross profit % to sales to be 20. His opening stock was ₦250 and ending stock is ₦200. Calculate his purchases.

Options

A) ₦7950 >>>>>>>>>

B) ₦8050

C) ₦7050

D) ₦8950

The correct answer is A.

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