Waec Model Questions Vol1 2018 Commerce Question 9
Practice objective / multiple choice question 9 from the 2018 Waec Model Questions Vol1 Commerce examination.
A wholesaler purchases goods with an invoice amount of ₦150,000. He receives a trade discount of 10% on the invoice and, if he pays within 10 days, a cash discount of 2% on the amount after the trade discount. He then sells the goods at a markup of 25% on his net cost. What profit does the wholesaler make on the transaction?
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About This Question
This is Waec Model Questions Vol1 2018 Commerce Question 9. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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