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An accountant has established that the gross profit margin for a sole trader business who does not keep records is 20% and that opening and

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An accountant has established that the gross profit margin for a sole trader business who does not keep records is 20% and that opening and closing inventories were GHC 700 and GHC 1,200 respectively. If purchases during the year amounted to GHC 23,500, what was the sales for the year? A GHC 24.200 B. GHG 23.000 C GHC 28000 D. GHC 26.750

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