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BECE/Junior WAEC


Use the following transactions extracted from the book of Sunny enterprises to answer questions 58 and 59
Carriage inwards #12000
Return outwards #4000
Sales #105000
Purchases #58000



What is Sunny's Gross profit?

A.
#105,000
B.
#70,000
C.
#66,000
D.
#58,000
E.
#39,000

Answer: E

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