Gce Model Questions Vol1 2021 Commerce Question 48

Practice objective / multiple choice question 48 from the 2021 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 48 GCE_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A retailer purchases 200 units of a product at a cost of ₦1,200 each. She marks each unit at ₦1,800. During a promotion she offers a discount of \(10\%\) on the marked price and must add a sales tax of \(5\%\) on the discounted price. What profit does she make on each unit sold under the promotion? Give your answer in naira.

Answer Options

Correct Answer A. 501
B. 601
C. 540
D. 401
Correct Answer
A
Correct Option:
501

About This Question

This is Gce Model Questions Vol1 2021 Commerce Question 48. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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