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Ali operates as a sole trader. On 1 January 20X0, Ali had stock of 21,600. In the year ended 31 December 20X0, he made

Ali operates as a sole trader. On 1 January 20X0, Ali had stock of 21,600. In the year ended 31 December 20X0, he made purchases of 352,400 and sales of 425,100. On 31 December 20X0 his stock was 34,600. What was Ali's gross profit for the year ended 31 December 20X0?

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