Africa Traders is not a registered VAT vendor and buys and sells furniture. Africa Traders sold a dining room table for R14 500. The mark-up percentage on cost is 9%. What is the profit the entity will make on this product?
Instructions for numeric response:
1. Please round your answer to the nearest rand (eg: 1000)
2. Only show the amount, do not show the "R" (eg: 1000)