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WAEC Book Keeping 2025 Objective — Question 34

Question 34 of 42 from the West African Examinations Council (WAEC) Book Keeping 2025 Objective paper, with the correct answer and a full explanation.

The net profit is:

A. N25,000Correct
B. N40,000
C. N60,000
D. N115,000

Explanation

Net profit = Gross profit - Expenses = 60,000 - 35,000 = N25,000.

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