Waec Model Questions Vol1 2023 Commerce Question 25

Practice objective / multiple choice question 25 from the 2023 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2023 Commerce Objective / Multiple Choice Easy Difficulty
Question 25 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A trader buys 200 units of a product at ₦1,200 each and pays a transport cost of ₦15,000. He sells 180 units at ₦1,500 each and the remaining 20 units at ₦1,400 each. What is his gross profit?

Answer Options

A. 38000
Correct Answer B. 43000
C. 45000
D. 40000
Correct Answer
B
Correct Option:
43000

About This Question

This is Waec Model Questions Vol1 2023 Commerce Question 25. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support