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Africa Traders is not a registered VAT vendor and buys and sells furniture. Africa Traders sold a dining room table for R14 500. The mark-up

Africa Traders is not a registered VAT vendor and buys and sells furniture. Africa Traders sold a dining room table for R14 500. The mark-up percentage on cost is 9%. What is the profit the entity will make on this product? Instructions for numeric response: 1. Please round your answer to the nearest rand (eg: 1000) 2. Only show the amount, do not show the "R" (eg: 1000)

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