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  9. Q94
Question 94

XYZ Ltd's total sales was #100,000. It had opening stock of #20,000 and closing stock of #22,000. It bought goods worth #80,000 and paid #2,000 for rent.

XYZ Ltd's Net Profit is

  • A.#58,000.00
  • B.#38,000.00
  • C.#24,000.00
  • D.#22,000.00
  • E.#20,000.00
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1998
Question no.
#94
Type
Objective
Previous · Q93XYZ Ltd's total sales was #100,000. It had opening stock of #20,000 and closing… Next · Q95 In the capital structure of a Public Limited Company, the term equity refers to

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