Use the following to answer the given question (begin{array}{c|c} & N \ hline sales &…

Use the following to answer the given question
(begin{array}{c|c} & N \ hline sales & 45,000 \ text{Opening stock} & 20,000 \ text{Closing sock} & 30,000 \ Expenses & 15,000 \ text{Fixed assets} & 40,000 \ Debtors & 10,000 \ Creditors & 5,000 \ Purchases & 25,000 end{array})
Net profit percentage is
  • A.
    100%
  • B.
    67%
  • C.
    50%
  • D.
    33%
  • E.
    22%
Correct Answer: Option D
Explanation
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