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 net profit for the year is

A.

N93,750

B.

N56,250

C.

N18,750

D.

N17,500

E.

N13,750

Correct answer is E

No explanation has been provided for this answer.