Gce Model Questions Vol1 2017 Commerce Question 18
Practice objective / multiple choice question 18 from the 2017 Gce Model Questions Vol1 Commerce examination.
A wholesaler purchases goods at a unit cost of \(\text{₦}150\). Fixed overheads are \(\text{₦}45{,}000\) per month. He sells to retailers by applying a 30 % markup on his cost price, but gives a 5 % trade discount on the selling price for orders of 200 units or more. Assuming he sells only in quantities that qualify for the discount, what is the minimum number of units he must sell in a month to achieve a profit of at least \(\text{₦}30{,}000\)?
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About This Question
This is Gce Model Questions Vol1 2017 Commerce Question 18. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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