A trader adds 25% on cost as profit. The profit on sales of $300000 would be By: Sunday|Published on: Apr 6|Categories: Accounting WAEC| 0 comments A. $75,000 B. $60,000 C. $50,000 D. $20,000 Correct Answer: Option A = $75,000 Users Also Read These:If the turnover of as business is N16,000 and the…Sai Baba made sales of N10,000 having computed his…Sales account was undercast by GH¢ 1000. When this…The cost of goods sold at N32,000. The gross profit…If the gross profit margin is 10% of sales; what is…SEE ALSO Accounting evolved out of the need of businesses for?