Gce Model Questions Vol1 2018 Commerce Question 6

Practice objective / multiple choice question 6 from the 2018 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 6 GCE_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • objective

A trader purchases a batch of 120 identical items for a total cost of ₦48,000. He sells 90 items at a price of ₦500 each and the remaining 30 items at a price of ₦450 each. Calculate his overall profit percentage on the whole batch.

Answer Options

A. 23.61 %
B. 19.44 %
Correct Answer C. 21.88 %
D. 20.00 %
Correct Answer
C
Correct Option:
21.88 %

About This Question

This is Gce Model Questions Vol1 2018 Commerce Question 6. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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