Use the following information to answer the question
| ₦ | |
| Opening stock | 40,000 |
| Purchases | 130,000 |
| Closing stocks | 32,000 |
| sales | 180,000 |
A. ₦8,000
B. ₦50,000
C. ₦42,000
D. ₦10,000
Correct Answer: Option C
C. ₦42,000
What was the gross profit?
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