17. A trader provided the following information.

Question

K
Cost of sales 70 000
Operating expenses 8 000
Profit for the year 14 000
What was the sales revenue?
A K 48 000
B K 62 000
C K 84 000
D K 92 000

Answer 1

To calculate the sales revenue, we can use the formula:

Sales Revenue = Profit + Operating Expenses + Cost of Sales

Sales Revenue = 14,000 + 8,000 + 70,000
Sales Revenue = 92,000

Therefore, the correct answer is:

D) K 92,000