Cherry, a self-employed non-vat registered taxpayer who operates a convenience store.

The following were provided for 2020:

• Sales of processed food items - P280,000
• Sales non-food items - P220,000
• Purchased of processed food items - P100,000
• Purchased of processed non-food items - P80,000
• Salaries of helpers - P48,000

What is the correct percentage tax due?

a. P32,000

b. P50,000

c. P5,000

d. P15,000