If the turnover of as business is N16,000 and the cost of goods N12,000, what is the percentage of gross profit on sales? by Sunday | Jun 1 | Commerce WAEC | 0 comments A. 75% B. 40% C. 33% D. 25% Correct Answer: Option D D. 25% Users Also Read These:A club received rent N10,000 and donation N30,000.…Williams and Jacob are in partnership but there is…The national income of a country indicates that the…A fixed asset was bought for N60,000 on 1st January,…A fixed asset was bought for N60,000 on 1st January,…