2 At the end of his first year of trading, Rashid provided the following information.
$
72500<...
Mathematics, 27.02.2021 17:40 cigo145
2 At the end of his first year of trading, Rashid provided the following information.
$
72500
Revenue
Purchases
49 700
4800
Closing inventory
Carriage inwards
Carriage outwards
1150
2950
What was Rashid's gross profit?
A $22800
B $24650
C $26450
D $27600
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Answers: 3
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