Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. JAMB
  4. /
  5. Commerce
  6. /
  7. 1994
  8. /
  9. Q0
Question 0Question image

A company earned a total revenue of N108 million with a total cost of N91 million in 1991. If it paid 45% tax on its gross profit for that year, determine its net profit.

  • A.N24.65 million
  • B.N17.00million
  • C.N9. 35 million
  • D.N7.65million
  • E.
Objective

Question details

Exam body
JAMB
Subject
Commerce
Year
1994
Question no.
#0
Type
Objective
Previous · Q0What is the working capital as at December 31,1992? Next · Q0 What are fixtures and fittings in a balance sheet?

More from this paper

  • Q0Commerce is defined as the study of how
  • Q0The type of activity which turns processed raw materials into consumer and…
  • Q0The production process that combines two or more raw materials into one end…
  • Q0A demonstration of social responsibility by a business is the payment of
  • Q0A distinguishing characteristics of a limited liability company is that it
  • Q0Which of the following takes place when firms producing at different stages in…
See all Commerce 1994 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy