Waec Model Questions Vol1 2023 Commerce Question 18
Practice objective / multiple choice question 18 from the 2023 Waec Model Questions Vol1 Commerce examination.
A wholesaler buys electronic gadgets at ₦5,000 each. He offers retailers a discount of 5% on the unit price for orders of 101-300 units and 8% for orders exceeding 300 units. A fixed handling charge of ₦200 is added to each order. The wholesaler aims for an overall profit margin of 12% on his total cost (purchase cost plus handling charge) after the discount is applied. If a retailer orders 350 units, what selling price per unit (after discount) must the wholesaler charge to meet his target profit?
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About This Question
This is Waec Model Questions Vol1 2023 Commerce Question 18. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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