Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Accounts - principles of accounts
  6. /
  7. 2010
  8. /
  9. Q17
Question 17

Sales was D12,500, total expenses was D2,500 and net profit is 10% of sales what is the gross profit?

  • A.D11,250
  • B.D8,750
  • C.D3,750
  • D.D1,250
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2010
Question no.
#17
Type
Objective
Previous · Q16Use the following information to answer the given question \(\begin{array}{c|c}… Next · Q18 Which of the following is the equivalent of the receipts payment accounts?

More from this paper

  • Q13In the preparation of bank reconciliation statement cheque are
  • Q14Which of the following in the found in the general ledger?
  • Q15Use the following information to answer the given question \(\begin{array}{c|c}…
  • Q19Subscriptions received in advance are
  • Q20Where records maintained are inadequate to facilitate the preparation of a…
  • Q21Bad debts written off is shown as
See all Accounts - principles of accounts 2010 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