Question 20 Not yet A sole trader has the following items in the book accounts: Sales R60 000; Cost of Sales R50 000; Opening Stock R10 000; Purchases R40 000 Wages R20 000 and Office Rent R10 000. What is the value of gross prof Floss? answered Marked out of 100 Flag question Select one: O a. Profit: R10 000 b. Loss: R20 000 O c. Loss: R10 000 d. LOSS: R70 000