Use this information to answer this question. Below is the trading, profit and loss Account particulars of Amadi peterside and Brothers for the year ended 31st December 1986. Trading Expenses From the figures given, calculate Percentage of net profit to turnover

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Use this information to answer this question. Below is the trading, profit and loss ...

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Use this information to answer this question. Below is the trading, profit and loss Account particulars of Amadi peterside and Brothers for the year ended 31st December 1986.

	â‚¦		â‚¦
Opening stockPurchase	10007000	Sales	8000
Closing Stock	3000

Trading Expenses

ElectricitySalariesRentDepreciations

â‚¦135875180210

From the figures given, calculate

Percentage of net profit to turnover

A. 30%
B. 5%
C. 10%
D. 20%

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Subjects

• Accounts - Principles of Accounts

• Christian Religious Knowledge (CRK)

• Islamic Religious Knowledge (IRK)

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