Commerce > 2002 > 10
WASSCE
Use the following information to answer questions 10-12
Ndu enterprises had the following state of affairs:Stock 1st jan was ₦3500 and 1st December was ₦3,000. His purchases was ₦30,000 and sales was ₦38,000 while a total of rent and electricity bills of ₦4,500 was paid.
What is the gross profit?
Ndu enterprises had the following state of affairs:Stock 1st jan was ₦3500 and 1st December was ₦3,000. His purchases was ₦30,000 and sales was ₦38,000 while a total of rent and electricity bills of ₦4,500 was paid.
What is the gross profit?
A.
₦8,000
B.
₦7,500
C.
₦6,500
D.
₦3,500
Answer: B
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.
09037778195