Gce Model Questions Vol1 2019 Commerce Question 11
Practice objective / multiple choice question 11 from the 2019 Gce Model Questions Vol1 Commerce examination.
A trader purchases 150 units of a product at \(\text{₦}2,400\) each. He also pays a flat transport charge of \(\text{₦}18,000\) and a handling fee equal to \(2.5\%\) of the purchase cost (excluding transport). He intends to sell the whole stock at a uniform price and achieve a profit of \(12\%\) on his total outlay. What selling price per unit should he set?
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About This Question
This is Gce Model Questions Vol1 2019 Commerce Question 11. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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