Question

Question
A business operates based on a mark-up on cost of 40%. If opening inventory was GHC 5,000, sales were
GHC 98,000 and purchases were GHC 71,200, calculate the value of closing inventory.
A. GHC 70,000
B. GHC 68,600
C. GHC 29,400
D. GHC 6,200

Answer 1

Answer:

c 29,400

Explanation:

it the least number that Can you divide