How much is the annual tax for specific gross profit
Question: Isaah sells "pasalubong" products along the P. Burgos St., Batangas City. His average monthly gross profit is Php 35,000. How much is his annual tax if the gross profit is 25% of cost?
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His average monthly gross profit is Php 35,000. How much is his annual tax if the gross profit is 25% of cost?
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