Gce Model Questions Vol1 2019 Commerce Question 45

Practice objective / multiple choice question 45 from the 2019 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2019 Commerce Objective / Multiple Choice Easy Difficulty
Question 45 GCE_MODEL_QUESTIONS_VOL1 • 2019 • COMMERCE • objective

A home baker produces 120 loaves of bread each week. The ingredient cost per loaf is \(\text{₦}250\). She adds a markup of \(40\%\) to set the selling price and sells all loaves. She also pays a weekly tax of \(\text{₦}5,000\) on her earnings. What is her weekly profit after tax?

Answer Options

A. 6000
B. 9000
C. 8000
Correct Answer D. 7000
Correct Answer
D
Correct Option:
7000

About This Question

This is Gce Model Questions Vol1 2019 Commerce Question 45. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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