Search SchoolNGR

Thursday, 12 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 931:
Which of the following is not a method of selling
  • A Self-services
  • B Exhibition
  • C Mail Order
  • D Stock control
  • E Automatic vending
View Answer & Explanation
Question 932:
Price lists, catalogues and COD are mainly used in operating
  • A Chain stores
  • B Supermarkets
  • C Department stores
  • D Mail order business
  • E Hypermarkets
View Answer & Explanation
Question 933:
The time allowed for unloading and loading ships is referred to as
  • A Days of grace
  • B Charter by demise
  • C Voyage charter
  • D Time charter
  • E Lay days
View Answer & Explanation
Question 934:
XYZ Ltd's total sales was #100,000. It had opening stock of #20,000 and closing stock of #22,000. It bought goods worth #80,000 and paid #2,000 for rent.
XYZ Ltd's profit is
  • A #58,000.00
  • B #42,000.00
  • C #38,000.00
  • D #22,000.00
  • E #20,000.00
View Answer & Explanation
Question 935:
XYZ Ltd's total sales was #100,000. It had opening stock of #20,000 and closing stock of #22,000. It bought goods worth #80,000 and paid #2,000 for rent.
XYZ Ltd's Net Profit is
  • A #58,000.00
  • B #38,000.00
  • C #24,000.00
  • D #22,000.00
  • E #20,000.00
View Answer & Explanation