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1. Caravan Mecca (Pty) Ltd design and build caravans and trailers. The company had a gross profit of R12 560 000 in 2022. The gross

1. Caravan Mecca (Pty) Ltd design and build caravans and trailers.

The company had a gross profit of R12 560 000 in 2022.

The gross profit to cost of sales for the year was 20%.

Calculate the turnover for the year.

Choose the correct Answer.

a. R15 072 000

b. R75 360 000

c. R62 800 000

d. Not sufficient information to calculate the turnover

e. None of the above

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