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If the rate of turnover of a company in 1999 was 4 times while the...

Commerce
JAMB 2012

If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.

  • A. N 199,400
  • B. N 198,400
  • C. N100,200
  • D. N99,200
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Correct Answer: Option B
Explanation

4 x 49,600 = 198,400

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now