A trader supplied the information below. Revenue: $\$120\,000$ Inventory at the beginning of the year: $\$9\,600$ Inventory at the end of the year: $\$10\,200$ A mark-up of $25\%$ is used. What were the purchases for the year?
- A$\$89\,400$
- B$\$90\,600$
- C$\$95\,400$
- D$\$96\,600$