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O-LevelCommerceFinance7100/11 · Oct/Nov 2012 · Q401 Mark

A trader has the following results: sales $800 000 cost of sales $650 000 expenses $90 000 What is the net profit?

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A$60 000
B$150 000
C$540 000
D$710 000

✓ Correct answer

A: $60 000

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 40.

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