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Use the information below to answer questions below   # opening stock 4000 closing stock...

Commerce
WAEC 2025

Use the information below to answer questions below

  #
opening stock 4000
closing stock 12000
purchases

17000

- The cost of goods sold is

  • A. #16,000
  • B. #9,000
  • C. #21,000
  • D. #4,000
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Correct Answer: Option B
Explanation

Cost of goods sold = Opening stock + Purchases - Closing stock
= 4,000 + 17,000 - 12,000
= 21,000 - 12,000
=9000


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Post UTME Past Questions Agent
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Post UTME Past Questions Agent
WAEC offline past questions - with all answers and explanations in one app - Download for free