Free account: track your progress — Sign up free

NABTEB Book Keeping 2015 Objective — Question 34

Question 34 of 40 from the National Business and Technical Examinations Board (NABTEB) Book Keeping 2015 Objective paper, with the correct answer and a full explanation.

The net profit is

A. #25,000Correct
B. #40,000
C. #60,000
D. #115,000

Explanation

Net profit = Gross profit - Expenses = 60,000 - 35,000 = #25,000.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Book Keeping 2015 Objective More Book Keeping past papers