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WAEC - Commerce (2017 - No. 13)

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000
Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000
Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000
what is the average stock
D12,000
D7,000
D6,000
D5,000

Explanation

Average stock = opening stock + closing stock divided by 2

thus we have; 5,000 + 7,000= 12,000

12,000 / 2 = 6,000

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