Waec Model Questions Vol1 2025 Commerce Question 4
Practice objective / multiple choice question 4 from the 2025 Waec Model Questions Vol1 Commerce examination.
An investor bought shares of XYZ Ltd on the Nigerian Stock Exchange over three days: - Day 1: 200 shares at ₦150 each, brokerage 0.5% of the transaction value. - Day 2: 150 shares at ₦165 each, brokerage 0.5%. - Day 3: 250 shares at ₦158 each, brokerage 0.5%. Later the investor sold 400 shares at ₦170 each, paying a selling brokerage of 0.5% and a capital gains tax of 10% on the profit (profit before tax). What is the investor's net profit after all charges?
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About This Question
This is Waec Model Questions Vol1 2025 Commerce Question 4. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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