Use the following information to answer the giv... - WAEC Accounting 1998 Question
Use the following information to answer the given questions
(\begin{array}{c|c} & N \ \hline Debtors & 30,000 \ Creditor & 20,000 \ \text{Opening stock} & 15,000 \ \text{Closing stock} & 18,000\ Wages & 3,000 \ Salaries & 10,000 \ Purchases & 30,000 \ Sales & 60,000\end{array})
The gross profit percentage is
A
67%
B
55%
C
50%
D
45%
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Correct Option: C
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