Gce Model Questions Vol1 2021 Commerce Question 6
Practice objective / multiple choice question 6 from the 2021 Gce Model Questions Vol1 Commerce examination.
An invoice for 150 units of product X shows a total amount payable of ₦447,300. The invoice applies a discount of \(5\%\) on the subtotal (unit price × quantity), then adds sales tax of \(12\%\) on the discounted amount, and finally adds a commission of \(2\%\) on the amount after tax. Determine the original unit price of product X (in Naira, to the nearest Naira).
Answer Options
About This Question
This is Gce Model Questions Vol1 2021 Commerce Question 6. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.