Gce Model Questions Vol1 2022 Commerce Question 24
Practice objective / multiple choice question 24 from the 2022 Gce Model Questions Vol1 Commerce examination.
A wholesaler deals in two products, A and B. The cost per unit is ₦80 for A and ₦120 for B. The marked selling prices (before any discount) are ₦100 for A and ₦150 for B. The wholesaler offers a quantity‑discount scheme: if more than 200 units of A are purchased, a 10\% discount on A's marked price is applied to all units of A; if more than 150 units of B are purchased, a 12\% discount on B's marked price is applied to all units of B. In a particular month the wholesaler sold 250 units of A and 180 units of B. Fixed monthly overhead is ₦20,000. Determine the wholesaler's total profit (or loss) for that month.
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About This Question
This is Gce Model Questions Vol1 2022 Commerce Question 24. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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