Neco 2024 Islamic Religious Studies Question 41
Practice objective / multiple choice question 41 from the 2024 Neco Islamic Religious Studies examination.
Merchant A bought a goat for ₦10,000. He sold it at a fixed price of ₦1,500 per kilogram, believing the goat weighed 12 kg, and therefore charged the buyer ₦18,000. Later he discovered the goat actually weighed only 10 kg. (i) Determine the amount the merchant must refund to the buyer. (ii) After the refund, calculate the merchant's profit and the zakat (2.5 %) due on that profit. (iii) State the total amount the merchant has to pay now (refund plus zakat).
Answer Options
About This Question
This is Neco 2024 Islamic Religious Studies Question 41. It is one of the objective questions from the 2024 Neco Islamic Religious Studies examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.