Gce Model Questions Vol1 2019 Commerce Question 12
Practice objective / multiple choice question 12 from the 2019 Gce Model Questions Vol1 Commerce examination.
A shop has fixed monthly costs of \(\text{₦}45,000\) and a variable cost of \(\text{₦}120\) per item. It sells each item for \(\text{₦}250\), but offers a \(5\%\) discount on the selling price for any quantity above 400 units. Determine the minimum number of items the shop must sell in a month to earn a profit of exactly \(\text{₦}30,000\).
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About This Question
This is Gce Model Questions Vol1 2019 Commerce Question 12. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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