Question on: WAEC Accounting - 2014
A company made a net profit of ₦2,000,000 for the year and its net profit percentage is 25%. What is the total sales for the year?
A
₦8,000000
B
₦6,00000
C
800,000
D
₦500,000
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Correct Option: D
2,000,000 x 0.25 = 500,000
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