Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

A trader gave the details below. Credit sales: $36000$ Cash sales: $10\%$ of total sales Net profit margin: $30\%$ What is the net profit?

  • A$9720$
  • B$10800$
  • C$11880$
  • D$12000$

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI