Waec Model Questions Vol1 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2017 Commerce Objective / Multiple Choice Easy Difficulty
Question 40 WAEC_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A shop bought goods for ₦30,000 and sold them for ₦45,000. During the same period the shop paid rent of ₦5,000 and salaries of ₦3,000. What is the net profit?

Answer Options

A. 8000
B. 12000
Correct Answer C. 7000
D. 5000
Correct Answer
C
Correct Option:
7000

About This Question

This is Waec Model Questions Vol1 2017 Commerce Question 40. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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