Given N sales 15,000 opening stock 5,600 purchase 9,700 closing stock 4,400 gross profit 4,500 net profit 2,000 What is the rate of turnover from the table?

Question 1 Report

Given

  N
sales 15,000
opening stock 5,600
purchase 9,700
closing stock 4,400
gross profit 4,500
net profit 2,000

What is the rate of turnover from the table?

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
Thousands of JAMB, WAEC & NECO Past Questions
Over 1200 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning