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 the figures given, calculatePercentage of net profit to turnover

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

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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.

stock Purchase	1000 7000	Sales	8000
Closing Stock	3000

Trading Expenses the figures given, calculatePercentage 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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