Waec Model Questions Vol1 2020 Commerce Question 13
Practice objective / multiple choice question 13 from the 2020 Waec Model Questions Vol1 Commerce examination.
A retailer buys a batch of 500 units of a product at ₦5,000 each. He adds a markup of 30% on cost to set the list price. For purchases of 10 units or more, he gives a discount of 12% on the list price. The retailer also incurs fixed monthly overheads of ₦150,000. What is the minimum number of units that must be sold in a month to achieve a profit of at least ₦200,000?
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About This Question
This is Waec Model Questions Vol1 2020 Commerce Question 13. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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