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:A trader paid N15,000 on rent for 15 months but charged…If the gross profit margin is 10% of sales; what is the…The net profit is the excess of gross profit and sources of…Interest on drawings is 5%, interest on capital is 10%.…A trader paid N15,000 on rent for 15 months but charged…SEE ALSO In a not for profit-making organization, the excess of income over expenditure is?