Bece Model Questions Vol1 2020 Mathematics Question 5

Practice essay / theory question 5 from the 2020 Bece Model Questions Vol1 Mathematics examination. This question covers Percentages .

Bece Model Questions Vol1 2020 Mathematics Essay / Theory
Topic: Percentages
Question 5 BECE_MODEL_QUESTIONS_VOL1 • 2020 • MATHEMATICS • essay

A school canteen sells a pack of 12 biscuits. The shopkeeper first gives a discount of 15 % on the marked price and then adds a sales tax of 5 % on the discounted price. A student buys the pack and pays ₦540. The shopkeeper’s cost price for the pack is ₦400.

Question Parts

( a )
Determine the marked price of the pack.
( b )
Calculate the profit earned by the shopkeeper on this sale.
( c )
If the shopkeeper wants to achieve a profit margin of 25 % on the cost price after giving the same discount and tax, what should be the new marked price? (Assume the discount and tax rates remain 15 % and 5 % respectively.)

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About This Question

This is Bece Model Questions Vol1 2020 Mathematics Question 5. It is one of the essay questions from the 2020 Bece Model Questions Vol1 Mathematics examination.

The question covers Percentages .

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