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Use the following to answer the given question \( \begin{array}{c|c} \text{Purchases} ...

Use the following to answer the given question
\( \begin{array}{c|c} \text{Purchases} & 2,000\\ \text{Opening stock} & 900\\ \text{Closing stock} & 300 \\ \text{Sales} & 3,850\end{array}\)
Gross profit is
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  • A N1,850
  • B N1,250
  • C N950
  • D N650
Correct Answer: Option B
Explanation:

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