Commerce JAMB

If the rate of turnover of a company in 1999 was 4 times while the average stock was #49600. Determine the turnover.

A. N 199,400
B. N 198,400
C. N100,200
D. N99,200

Correct Answer:

Option B – N 198,400

Explanation

4 x 49,600 = 198,400

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