If an entity starts up business purchases £15,000 worth of inventory, paying an additional £500 carriage inwards, pays £200 carriage outwards, receives £28,000 in sales and has £2,000 in closing inventory. Then its gross profit is:

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The Answer of If an entity starts up business purchases £15,000 worth of inventory, paying an additional £500 carriage inwards, pays £200 carriage outwards, receives £28,000 in sales and has £2,000 in closing inventory. Then its gross profit is:

If an Entity Starts Up Business Purchases £15,000 Worth of Inventory