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The difference between the buying price and the selling price of a share is referred to as

The difference between the buying price and the selling price of a share is referred to as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Commission
  • B Profit
  • C Jobber's Profit
  • D Turnover
Correct Answer: Option C
Explanation:
A jobber's profit is earned from the difference between the price at which a jobber buys securities and the price at which the securities are sold. The difference between the buying and selling prices is commonly associated with the jobber's turn or profit.

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