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WAEC Commerce 1992 Question 32

Question 32

Business Calculations

Which of the following products is likely to have a low rate of turnover?

  1. A.Foodstuff
  2. B.ball-pen
  3. C.Soap and Detergent
  4. D.Furniture
  5. E.Newspaper
Show the answer and explanation

Answer: D (Furniture)

Explanation

Furniture is costly and bought rarely, so it sells slowly; the others are bought often.