Waec Model Questions Vol1 2018 Commerce Question 11
Practice objective / multiple choice question 11 from the 2018 Waec Model Questions Vol1 Commerce examination.
A retailer buys an item at an unknown cost price (CP). He marks the item up by a certain percentage m to obtain the marked price (MP). He then offers a discount of 20% on MP and sells the item for ₦12,000, earning a profit of 15% on the cost price. What is the markup percentage m?
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About This Question
This is Waec Model Questions Vol1 2018 Commerce Question 11. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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