Gce Model Questions Vol1 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 36 GCE_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A trader purchases 120 units of a product at \(\text{₦}250\) each. He intends to make a profit of 20% on the cost price and offers a cash discount of 5% on the selling price for early payment. What is the total profit the trader makes on the whole batch?

Answer Options

A. 4800
B. 3600
C. 6000
Correct Answer D. 4200
Correct Answer
D
Correct Option:
4200

About This Question

This is Gce Model Questions Vol1 2021 Commerce Question 36. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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