Gce Model Questions Vol1 2022 Commerce Question 26
Practice objective / multiple choice question 26 from the 2022 Gce Model Questions Vol1 Commerce examination.
A retailer purchases a batch of 200 identical items for a total cost of ₦150,000. He marks each item up by a constant percentage above its cost price. He then offers a seasonal discount of \(10\%\) on the marked price, followed by an additional cash‑buyer coupon of \(5\%\) on the already discounted price. After selling all 200 items at the final price, his overall profit is \(12\%\) of the total cost. What was the original cost price per item (in naira)?
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About This Question
This is Gce Model Questions Vol1 2022 Commerce Question 26. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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