Gce Model Questions Vol1 2018 Commerce Question 12
Practice objective / multiple choice question 12 from the 2018 Gce Model Questions Vol1 Commerce examination.
A home‑based trader purchases 120 units of a product for a total of \(\text{₦}48\,000\). She sells 30 % of the units at a 25 % profit on cost and the remaining units at a 15 % profit on cost. A sales tax of 5 % is charged on the selling price of each unit sold. Determine the trader's overall net profit percentage on the total cost after tax.
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About This Question
This is Gce Model Questions Vol1 2018 Commerce Question 12. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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