Concept:Net profit is the amount left after deducting all expenses from net sales.Explanation:Net sales are ₦370,000.Total expenses include cost of goods sold and rent expenses.Cost of goods sold is ₦230,000.Rent expenses are ₦35,000.Therefore, total expenses =₦230,000+₦35,000=₦265,000.Net profit =₦370,000−₦265,000=₦105,000.Answer:Net profit is ₦105,000, so the correct option is C.