A company earned a total revenue of N108 million with a t...
A company earned a total revenue of N108 million with a total cost of N91 million in 1991. If it paid 45% tax on its gross profit for that year, determine its net profit.
N24.65 million
N17.00million
N9.35 million
N7.65million
Correct answer is C
No explanation has been provided for this answer.
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