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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)

  • Johnson Jj

    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

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  • How do you arrive at the answer

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