How much is the gross margin reported in an income statement/statement of profit or loss by function, based on the following data only: sales 120,000 RON, selling costs 10,000 RON, administrative costs 7,000 RON, cost of sales 75,000 RON, interest expense 3,000 RON?

Choose one

35,000 RON

28,000 RON

45,000 RON

25,000 RON