QUESTION 3 10 MARKS Calculate the following: SPAR Mark-up Sales Inventory 01.03.2017 Inventory 28.02.2018 25 Percent N$ 35 000 N$ 8 450 N$ 7 450 Calculate: Gross Profit, Purchases and Cost of Sale? SHOPRITE Margin Purchases Inventory 01.03.2017 Inventory 28.02.2018 Calculate: Gross Profit, Sales and Cost of Sale? 20 Percent N$ 42 400 N$ 12 600 N$ 18 200 WOERMANN BROCK Sales Gross Profit Calculate: Percentage Mark-up, Margin and amount of Cost of Sale? N$ 68 500 N$ 22 800 Page 10 of 14