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 gross profit for the year is
(begin{array}{c|c} & N \ hline text{Manufacturing cost of finished goods} & 75,000 \ text{Mark-up is 25%} & 5,000 end{array})
The gross profit for the year is
-
A.
N93,750 -
B.
N56,250 -
C.
N18,750 -
D.
N17,500 -
E.
N13,750