Waec Model Questions Vol1 2021 Commerce Question 6
Practice essay / theory question 6 from the 2021 Waec Model Questions Vol1 Commerce examination. This question covers Wholesale Trade .
A wholesaler purchases a batch of 500 units of a commodity. The list price is ₦12,000 per unit. The supplier offers a trade discount of 5 % on the list price. Freight and insurance cost ₦200 and ₦100 per unit respectively. The wholesaler sells the commodity at a list selling price of ₦14,500 per unit and offers a cash discount of 2 % for payment within 10 days.
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This is Waec Model Questions Vol1 2021 Commerce Question 6. It is one of the essay questions from the 2021 Waec Model Questions Vol1 Commerce examination.
The question covers Wholesale Trade .
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