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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 106:
Which of the following does not belong to the industry?
  • A Farming
  • B Insuring
  • C Mining
  • D Drilling
  • E Fishing
View Answer & Explanation
Question 107:
Which of the following is one of the functions of commerce?
  • A Manufacturing
  • B Growing of tomatoes
  • C Storage of goods
  • D Construction of roads
  • E Car assemblying
View Answer & Explanation
Question 108:
Which of the following is one of the functions of commerce?
  • A Manufacturing
  • B Growing of tomatoes
  • C Storage of goods
  • D Construction of roads
  • E Car assemblying
View Answer & Explanation
Question 109:
Opening stock.................N1000
Closing stock.................N9000
Purchases.....................N14,000
The average stock is?
  • A N2000
  • B N3000
  • C N5000
  • D N6000
  • E N7000
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Question 110:
Opening stock.................N1000
Closing stock.................N9000
Purchases.....................N14,000
The cost of goods sold is?
  • A N6000
  • B N10000
  • C N42000
  • D N16000
  • E 20000
View Answer & Explanation