Gce Model Questions Vol1 2022 Commerce Question 45

Practice objective / multiple choice question 45 from the 2022 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2022 Commerce Objective / Multiple Choice Easy Difficulty
Question 45 GCE_MODEL_QUESTIONS_VOL1 • 2022 • COMMERCE • objective

A retailer purchases 250 units of a product for a total cost of \(\text{₦}75{,}000\). He offers a discount of \(12\%\) on the marked price and wishes to earn a profit of \(18\%\) on his total cost. What should be the marked price per unit?

Answer Options

A. 336.00
B. 396.48
Correct Answer C. 402.27
D. 354.00
Correct Answer
C
Correct Option:
402.27

About This Question

This is Gce Model Questions Vol1 2022 Commerce Question 45. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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