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A company made a net profit of 2 000 000 for th... - WAEC Accounting 2014 Question

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
correct option: d

2,000,000 x 0.25 = 500,000

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