Question on: WAEC Accounting - 1991
Use the following information to answer the given question
(\begin{array}{c|c} & N \ \hline \text{Manufacturing cost of finished goods} & 75,000 \ \text{Mark-up is 25%} & 5,000 \end{array})
The net profit for the year is
A
N93,750
B
N56,250
C
N18,750
D
N17,500
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Correct Option: E
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