If a Company Buys Goods for £50,and Then Sells Half

question 13

Multiple Choice

If a company buys goods for £50,and then sells half of these for £100.How much profit would be recognised?

• A) £25
• B) £50
• C) £75
• D) £100

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Definitions:

Blinders

Devices used on the sides of horse's eyes to prevent them from seeing to the rear and keep them focused forward.

Stereotypical Beliefs

Widely held but fixed and oversimplified ideas or perceptions of particular types of people or things.

Religious Beliefs

The faith or convictions regarding the existence, nature, and worship of a deity or deities, and divine involvement in the universe and human life.

Cultures

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.