Gce Model Questions Vol1 2020 Commerce Question 18
Practice objective / multiple choice question 18 from the 2020 Gce Model Questions Vol1 Commerce examination.
A wholesaler purchases a product at a cost price of \(150\) naira per unit. He adds a markup of \(30\%\) to set his wholesale price, and then offers a trade discount of \(12\%\) on that price to retailers. His fixed monthly overheads amount to \(45{,}000\) naira. How many units must he sell in a month to achieve a net profit of \(60{,}000\) naira after allowing for the discount and covering the overheads? Give the smallest whole number of units.
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About This Question
This is Gce Model Questions Vol1 2020 Commerce Question 18. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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