Gce Model Questions Vol1 2020 Commerce Question 44
Practice objective / multiple choice question 44 from the 2020 Gce Model Questions Vol1 Commerce examination.
A retailer purchases a batch of 120 identical items for a total cost of ₦48,000. He wishes to earn a profit equal to 25\% of the cost and then add a sales tax of 5\% on the selling price (including profit). What should be the final selling price per item (in naira) after tax?
Answer Options
About This Question
This is Gce Model Questions Vol1 2020 Commerce Question 44. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.