N Carriae Inwards 12,000 Returns Outwards 4,000 Sales 405,000 Purchase… — BECE Business Studies 2019 Paper 1 · Teacha

Question 47

Use the following transactions extracted from the books of Jummy to answer questions 46 and 47.

	N
Carriae Inwards	12,000
Returns Outwards	4,000
Sales	405,000
Purchase	58,000

What is Jummy's gross profit?

A.N105,000
B.N70,000
C.N66,000
D.N58,000
E.N39,000.

Objective

Question details

Exam body: BECE
Subject: Business Studies
Year: 2019 Paper 1
Question no.: #47
Type: Objective

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