JSCE Business Studies 2024 Objective — Question 60
Question 60 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.
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The aim of starting a business is to make profit, therefore, it can be described as ______
- A. selling price plus turnover
- B. selling price minus cost priceCorrect
- C. cost price plus selling price
- D. cost price plus actual price
Explanation
Profit = Selling price - Cost price.
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