Waec Model Questions Vol1 2021 Commerce Question 17
Practice objective / multiple choice question 17 from the 2021 Waec Model Questions Vol1 Commerce examination.
A retailer purchases 200 units of a product for a total cost of ₦48,000 and incurs a monthly fixed overhead of ₦12,000. He intends to sell each unit with a 25% markup on its cost price. For the first 50 units sold he will give a 10% discount on the selling price. What is the minimum number of units he must sell in the month to achieve a profit of at least ₦15,000 after accounting for the discount on the first 50 units?
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About This Question
This is Waec Model Questions Vol1 2021 Commerce Question 17. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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