Bece Model Questions Vol1 2018 Business Studies Question 3
Practice practical question 3 from the 2018 Bece Model Questions Vol1 Business Studies examination. This question covers Business Documents, Sales Invoice, Costing .
A small retail shop sold three different products during the month of May. The details of the sales are as follows: - Product A: 20 units sold at a selling price of ₦150 per unit. - Product B: 15 units sold at a selling price of ₦200 per unit. - Product C: 10 units sold at a selling price of ₦250 per unit. The shop offers a flat discount of 5 % on the total sales value before tax. After applying the discount, a Value Added Tax (VAT) of 7.5 % is charged on the discounted amount. The cost price per unit for the three products are: - Product A: ₦100 per unit - Product B: ₦130 per unit - Product C: ₦180 per unit Using the information above, answer the following questions:
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This is Bece Model Questions Vol1 2018 Business Studies Question 3. It is one of the practical questions from the 2018 Bece Model Questions Vol1 Business Studies examination.
The question covers Business Documents, Sales Invoice, Costing .
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