Gce Model Questions Vol1 2019 Commerce Question 41
Practice objective / multiple choice question 41 from the 2019 Gce Model Questions Vol1 Commerce examination.
A trader buys 200 units of a product at \(\text{₦}150\) each. He adds a markup of \(25\%\) on the cost price to set the marked price. He then offers a trade discount of \(10\%\) on the marked price to a retailer, who also receives a cash discount of \(2\%\) on the discounted price for paying cash. Find the final price per unit paid by the retailer (to two decimal places) and the overall profit percentage on the original cost price.
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About This Question
This is Gce Model Questions Vol1 2019 Commerce Question 41. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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