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O-LevelCommerceFinance7100/11 · Oct/Nov 2018 · Q361 Mark

A trader's gross profit is 30% of sales revenue. Her profit for the year (net profit) is 20% of sales revenue. Her sales revenue is $100000. What are her operating expenses?

A$10000

B$20.000

C$30000

D$70000

✓ Correct answer

A: $10000

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2018 Paper 1 Variant 1, question 36.

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