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Given: Sales R 800 000, Cost of sales R360 000, General expenses R98 000, interest on fixed deposit R55 000 and Interest on loan

Given: Sales R 800 000, Cost of sales R360 000, General expenses R98 000, interest on fixed deposit R55 000 and Interest on loan R75 000. Net profit equals to R322 000. Select one: O True O False

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