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Use the following to answer the given question

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Use the following to answer the given question


Nsales45,000Opening stock20,000Closing sock30,000Expenses15,000Fixed assets40,000Debtors10,000Creditors5,000Purchases25,000


Net profit percentage is

A.

100%

B.

67%

C.

50%

D.

33%

E.

22%

Correct answer is D

No explanation has been provided for this answer.