Gce Model Questions Vol1 2022 Commerce Question 27

Practice objective / multiple choice question 27 from the 2022 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2022 Commerce Objective / Multiple Choice Easy Difficulty
Question 27 GCE_MODEL_QUESTIONS_VOL1 • 2022 • COMMERCE • objective

A wholesaler lists a product at ₦250,000. He grants a trade discount of \(12\%\) on the list price. A retailer who purchases the product pays the cash‑discount period, which gives a further \(2\%\) discount on the already discounted price. How much does the retailer actually pay (in naira)?

Answer Options

A. 214800
B. 216000
C. 213500
Correct Answer D. 215600
Correct Answer
D
Correct Option:
215600

About This Question

This is Gce Model Questions Vol1 2022 Commerce Question 27. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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