Bece Model Questions Vol1 2019 Mathematics Question 5

Practice essay / theory question 5 from the 2019 Bece Model Questions Vol1 Mathematics examination. This question covers Percentages .

Bece Model Questions Vol1 2019 Mathematics Essay / Theory

Topic: Percentages

Question 5 BECE_MODEL_QUESTIONS_VOL1 • 2019 • MATHEMATICS • essay

A digital watch is sold at a price that includes a 5% sales tax. The final price paid by the customer is ₦12,500. The shopkeeper marks the watch up by a profit that is 25% of the cost price before tax is added.

Question Parts

( a )

Calculate the cost price of the watch.

( b )

Determine the amount of profit earned by the shopkeeper.

( c )

Find the amount of sales tax that was added.

( d )

If the sales tax were increased to 8% while the shopkeeper kept the same profit percentage (25% of cost), what would be the new selling price (including tax)?

Detailed Solution & Marking Scheme

Get the step-by-step solution, key points required by examiners and detailed marking guidance through the Edcrib AI Tutor.

Reveal Answer

About This Question

This is Bece Model Questions Vol1 2019 Mathematics Question 5. It is one of the essay questions from the 2019 Bece Model Questions Vol1 Mathematics examination.

The question covers Percentages .

View More Bece Model Questions Vol1 2019 Mathematics Questions More Bece Model Questions Vol1 Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support