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WAEC Commerce 2025 Paper

Question : 20

Total: 50

What is the average stock?

Solution:

Concept:

Average stock is the mean value of opening stock and closing stock during an accounting period.

Explanation:

The formula for average stock is:

\text{Average stock} = \frac{\text{Opening stock} + \text{Closing stock}}{2}

Substitute the given values:

\text{Average stock} = \frac{4000 + 12000}{2}

\text{Average stock} = \frac{16000}{2}

\text{Average stock} = 8000

Answer:

The average stock is

\#8{,}000

Correct option: B.

\#8{,}000

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