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JSCE Business Studies 2022 Objective — Question 33

Question 33 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

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A trader bought 50 items at N90 and sold each item at N120. How much was his profit?

  • A. N500
  • B. N1000
  • C. N1500Correct
  • D. N4500

Explanation

(120 − 90) × 50 = N1,500.

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