The Akachala Limited has four department W, X, Y and Z. The profits or loss of t...
Question
The Akachala Limited has four department W, X, Y and Z. The profits or loss of the departments were ₦20,000 loss, X ₦25 profit, Y were ₦30,000 loss and Z ₦1,800 profit. How much is the net profit or loss of the company?Options
A)
₦7,000 loss

B)
₦5,000 loss
C)
₦5,000 profit
D)
₦7,000 profit
The correct answer is A.
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Discussion (2)
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The correct answer is (A) but d figures in d question are wrong. X #25'000 and Z#18'000
So total profit (25k +18k) =#43'000
Less total loss (30k + 20k)= #50'000
Gives a loss of. -#7'000
How do you arrive at the answer