Gce Model Questions Vol1 2017 Commerce Question 16

Practice objective / multiple choice question 16 from the 2017 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2017 Commerce Objective / Multiple Choice Easy Difficulty
Question 16 GCE_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A home‑based trader buys 30 units of a product at \(\text{₦}500\) each. He adds a markup of 25 % on the cost price and then offers a discount of 10 % on the marked price to customers. What profit does he make on each unit?

Answer Options

Correct Answer A. ₦62.5
B. ₦56.25
C. ₦75
D. ₦68.75
Correct Answer
A
Correct Option:
₦62.5

About This Question

This is Gce Model Questions Vol1 2017 Commerce Question 16. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

View More Gce Model Questions Vol1 2017 Commerce Questions More Gce 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