Gce Model Questions Vol1 2019 Commerce Question 40
Practice objective / multiple choice question 40 from the 2019 Gce Model Questions Vol1 Commerce examination.
A retailer sells a gadget with a marked price of \(\text{₦}25{,}000\). A seasonal discount of 12 % is applied, and then a sales tax of 5 % is added on the discounted price. The variable cost per unit (including purchase price and handling) is \(\text{₦}13{,}500\). Fixed monthly costs are \(\text{₦}420{,}000\). How many units must be sold each month to break even after the discount and tax are applied? (Round up to the next whole unit.)
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About This Question
This is Gce Model Questions Vol1 2019 Commerce Question 40. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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