Gce Model Questions Vol1 2018 Commerce Question 44

Practice objective / multiple choice question 44 from the 2018 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 44 GCE_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • objective

A home baker sells \(30\) loaves of bread each day at \(₦500\) per loaf. The cost of ingredients is \(₦250\) per loaf and a market stall fee of \(₦2{,}000\) is paid each day. What is the baker's profit percentage for the day? Give your answer to one decimal place.

Answer Options

Correct Answer A. 57.9 %
B. 52.3 %
C. 48.0 %
D. 63.5 %
Correct Answer
A
Correct Option:
57.9 %

About This Question

This is Gce Model Questions Vol1 2018 Commerce Question 44. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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