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If the opening stock is Le200, cost of goods sold Le2,400, and closing stock Le120, ...

If the opening stock is Le200, cost of goods sold Le2,400, and closing stock Le120, then the rate of turnover is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A 20 times
  • B 15 times
  • C 12 times
  • D 7.5 times
Correct Answer: Option B
Explanation:

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