O-LevelCommerceFinance7100/12 · May/June 2018 · Q371 Mark

A trader's gross profit is 35% of turnover and her net profit is 15% of turnover. If her turnover is $30000, what are her trading expenses?

A$4500

B$6000

C$10500

D$15000

✓ Correct answer

B: $6000

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