Test Index

WAEC Commerce 2020 Paper

Question : 19

Total: 48

Use the information below to answer questions 20 and 21.

Solution:

Concept:

Average stock is the mean of opening stock and closing stock.

Explanation:

Average stock formula:

\text{Average stock} = \frac{\text{Opening stock} + \text{Closing stock}}{2}

Substitute the given values:

\frac{4000 + 12000}{2} = \frac{16000}{2} = 8000

So, the average stock is N8,000.

Answer:

C. N8,000

Go to Question:

Prev Question

Next Question