Use the following to answer the given question
...
Use the following to answer the given question
Nsales45,000Opening stock20,000Closing sock30,000Expenses15,000Fixed assets40,000Debtors10,000Creditors5,000Purchases25,000
Gross profit percentage is
100%
67%
50%
33%
22%
Correct answer is B
No explanation has been provided for this answer.
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