ECZ 2020 · O-Level Paper 1 — Social and Commercial Arithmetic

A woman has 500 company shares with a nominal value of K70.00 each, which she bought at K30.00 each. How much did she pay for the shares?

  • A. K35 000.00
  • B. K15 000.00
  • C. K20 000.00
  • D. K150.00

Verified working — step 1

She paid the buying (market) price: 500 × K30.00 = …

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Original examination question © Examinations Council of Zambia. Worked solution and commentary © G12 Titan — not to be reproduced without permission.

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