Waec Model Questions Vol1 2017 Commerce Question 21
Practice objective / multiple choice question 21 from the 2017 Waec Model Questions Vol1 Commerce examination.
A home‑based baker sells each cake at a marked price of ₦5,000. She offers a discount schedule: 5% discount for orders of 5-9 cakes, 8% discount for 10-14 cakes, and 12% discount for 15 or more cakes. After the discount, a sales tax of 5% is added to the selling price. The cost of producing each cake is ₦4,200 for orders up to 9 cakes, ₦4,000 for orders of 10-14 cakes, and ₦3,800 for orders of 15 or more cakes. She wants a profit margin of at least 20% on each cake sold (profit margin = profit ÷ cost × 100%). What is the smallest order size that meets this profit‑margin requirement?
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About This Question
This is Waec Model Questions Vol1 2017 Commerce Question 21. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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