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A company made a net profit of ₦2,000,000 for the year and its net profit percentage ...

A company made a net profit of ₦2,000,000 for the year and its net profit percentage is 25%. What is the total sales for the year?
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  • A ₦8,000000
  • B ₦6,00000
  • C 800,000
  • D ₦500,000
Correct Answer: Option D
Explanation:
2,000,000 x 0.25 = 500,000

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