Gce Model Questions Vol1 2022 Commerce Question 41

Practice objective / multiple choice question 41 from the 2022 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2022 Commerce Objective / Multiple Choice Easy Difficulty
Question 41 GCE_MODEL_QUESTIONS_VOL1 • 2022 • COMMERCE • objective

A trader buys 120 kg of rice at \(\text{₦}250\) per kg. He adds a profit margin of \(20\%\) on the total cost and pays a flat transport fee of \(\text{₦}1{,}500\). What is his selling price per kg in naira?

Answer Options

Correct Answer A. 312.5
B. 325
C. 340
D. 300
Correct Answer
A
Correct Option:
312.5

About This Question

This is Gce Model Questions Vol1 2022 Commerce Question 41. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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