Gce Model Questions Vol1 2017 Commerce Question 38
Practice objective / multiple choice question 38 from the 2017 Gce Model Questions Vol1 Commerce examination.
A wholesaler purchases a product from a manufacturer who offers a trade discount of \(12\%\) off the list price. The wholesaler then adds a markup of \(25\%\) on his cost to set the wholesale price. A retailer buys from the wholesaler and adds a markup of \(30\%\) on the wholesale price to obtain the final retail price. If the final retail price to the consumer is \(₦1,200\), determine the original list price per unit.
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About This Question
This is Gce Model Questions Vol1 2017 Commerce Question 38. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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