\(\begin{array}{c|c} & ₦\\ \hline \text{Opening sto...
Use the following information to answer question
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 130,000\\ \text{Closing stocks} & 32,000 \\ \text{sales} & 180,000\end{array}\)
What was the gross profit?
₦8,000
₦50,000
₦42,000
₦10,000
Correct answer is C
No explanation has been provided for this answer.
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