Waec Model Questions Vol1 2022 Commerce Question 2
Practice objective / multiple choice question 2 from the 2022 Waec Model Questions Vol1 Commerce examination.
A trader buys 50 kg of rice at ₦1,200 per kg. He receives a 2% discount on the total purchase price (excluding transport) and pays a transport charge of ₦15,000. He sells the rice at ₦1,800 per kg but gives a 5% discount to customers on the selling price. What is the trader's net profit?
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About This Question
This is Waec Model Questions Vol1 2022 Commerce Question 2. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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