ECZ 2020 · GCE Paper 1 — Social and Commercial Arithmetic
Mrs Kalomba bought 120 shares at a nominal value of K40.00 each which she later sold at K42.50 each. Find her profit.
- A. K300.00
- B. K5 100.00
- C. K4 800.00
- D. K30.00
Verified working — step 1
Profit lives in the price DIFFERENCE - find the gain on one share, then scale to all 120.The full step-by-step working and final answer are included with Premium — checked against ECZ marking standards.
Original examination question © Examinations Council of Zambia. Worked solution and commentary © G12 Titan — not to be reproduced without permission.
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