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BECE Business Studies 2024 Objective — Question 34

Question 34 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

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A petty cashier is given a cash float of ₦20,000 for the month, out of which he spent ₦17,500. How much is to be refunded?

  • A. ₦4,000
  • B. ₦3,500
  • C. ₦3,000
  • D. ₦2,500Correct
  • E. ₦2,000

Explanation

20,000 - 17,500 = ₦2,500.

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