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The Difference Between The Buying Price And The Selling Price Of A Share Is Referred To As? - Erudites Academy

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

by | Jan 8 | Commerce WAEC | 0 comments

A. Commission
B. Profit
C. Jobber’s Profit
D. Turnover

Correct Answer: Option C

C. Jobber’s Profit

Explanation

The buying price of a share is the lower price and the selling price is the higher price. The difference between the two gives what is called Jobber’s turn.

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