JAMB Commerce 2007 Objective — Question 7

Question 7 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

The difference between the buying and selling price of shares is known as

A. Jobber's turn
B. margin
C. brokerageCorrect
D. gross profit

Explanation

Brokerage is the difference between the selling price and buying price of the same share.

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