During Roshan’s first year of trading, sales amounted to $55\,000$. The gross profit margin was $20\%$. Closing inventory stood at $3\,200$. Calculate the purchases for the year.
- A$41\,250
- B$44\,000
- C$44\,450
- D$47\,200
Accounting 0452 · IGCSE · Valuation of inventory