waecE-LEARNING
Commerce Paper 2, Nov/Dec. 2011  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies


Question 10
  1. This question was on the calculation of discount, selling price, gross profit and gross profit 
           percentage.

_____________________________________________________________________________________________________

observation

  1.        Candidates avoided the question which shows that they had no sufficient knowledge of the  
           question. 

     

                                                                                                                                                   
           The following formulars should be noted.

    1. Selling Price   =          catalogue price            minus         trade
    2. Net Amount paid       =          Selling          minus      Cash discount

           (c) Gross Profit Percentage          =     Grossprofit x 100
                                                                             Sales          I

     

Powered by Sidmach Technologies(Nigeria) Limited .
Copyright © 2015 The West African Examinations Council. All rights reserved.