Gce Model Questions Vol1 2025 Commerce Question 32
Practice objective / multiple choice question 32 from the 2025 Gce Model Questions Vol1 Commerce examination.
An investor buys shares of Company X on three different days:\n\nDay 1: 200 shares at \(\N150\) each, commission \(1.5\%\) of the transaction value.\nDay 2: 150 shares at \(\N165\) each, commission \(1.2\%\).\nDay 3: 250 shares at \(\N158\) each, commission \(1.4\%\).\n\nAfter these purchases the investor sells 400 shares at a market price of \(\N170\) each, paying a selling commission of \(1.3\%\) and a capital‑gains tax of \(10\%\) on the profit (profit before tax). Determine the net profit (or loss) after all commissions and tax, in \(\N\).
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This is Gce Model Questions Vol1 2025 Commerce Question 32. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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