Gce Model Questions Vol1 2017 Commerce Question 49

Practice objective / multiple choice question 49 from the 2017 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2017 Commerce Objective / Multiple Choice Medium Difficulty
Question 49 GCE_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A retailer sells a product with a list price of ₦1 200 per unit. For orders of ten units or more, a discount of 5 % on the total invoice is offered. The retailer's variable cost per unit is ₦720 and the fixed monthly costs are ₦30 000. What is the minimum number of units that must be sold in a month (allowing the discount if applicable) to achieve a profit of at least ₦15 000?

Answer Options

A. 100
B. 115
Correct Answer C. 108
D. 124
Correct Answer
C
Correct Option:
108

About This Question

This is Gce Model Questions Vol1 2017 Commerce Question 49. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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