A jewellery retailer adds a $100\%$ mark-up to his goods. He gave the following figures: revenue $68\,200$, discount received $1080$, profit for the year $18\,395$. What were his total expenses?
- A$14\,625$
- B$16\,785$
- C$48\,725$
- D$50\,885$
Accounting 0452 · IGCSE · Sole traders
A jewellery retailer adds a $100\%$ mark-up to his goods. He gave the following figures: revenue $68\,200$, discount received $1080$, profit for the year $18\,395$. What were his total expenses?