Gce Model Questions Vol1 2020 Commerce Question 30

Practice objective / multiple choice question 30 from the 2020 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2020 Commerce Objective / Multiple Choice Easy Difficulty
Question 30 GCE_MODEL_QUESTIONS_VOL1 • 2020 • COMMERCE • objective

A home‑based trader produces 200 jars of jam. The cost per jar is: fruit \(₦150\), sugar \(₦50\), jar and lid \(₦30\), and labour \(₦20\). Each jar is sold for \(₦350\). Calculate the total profit earned from the batch.

Answer Options

Correct Answer A. ₦20,000
B. ₦18,000
C. ₦25,000
D. ₦22,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Gce Model Questions Vol1 2020 Commerce Question 30. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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