Waec Model Questions Vol1 2020 Commerce Question 10
Practice objective / multiple choice question 10 from the 2020 Waec Model Questions Vol1 Commerce examination.
A trader buys 100 units of a product at ₦2,500 each. He also incurs a transport charge of ₦15,000 and an insurance charge of ₦5,000 for the shipment. He sells each unit at ₦3,500. What is the total profit earned by the trader?
Answer Options
About This Question
This is Waec Model Questions Vol1 2020 Commerce Question 10. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.