Find the Net Profit for the year :
 

From the following details the net profit for the year ending 31.03.09 Opening stock Rs. 1,50,000 Purchases Rs.250,000 Manufacturing Expenses Rs. 80,000 Selling expenses Rs.20,000 Administrative expenses Rs.10,000 Financial charges Rs.5000 Sales Rs.5,55,000 which includes damaged goods sold for Rs. 5000 against the cost price of Rs.12,000. Gross profit margin on normal sales is 20% on the sales. A B Rs.65,000 Rs.68,000 C Rs.70,000 D Rs.77,000