Gce Model Questions Vol1 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2023 Commerce Objective / Multiple Choice Medium Difficulty
Question 10 GCE_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A home baker has fixed monthly overheads of \(\text{₦}45{,}000\). The variable cost per cake is \(\text{₦}4{,}500\). Each cake sells for \(\text{₦}9{,}200\). For any order of 5 or more cakes a discount of 10 % is applied to the total order price. In a month the baker receives two orders: one for 4 cakes and another for 6 cakes. Calculate the baker's total profit (or loss) for the month.

Answer Options

A. -4520
Correct Answer B. -3520
C. -352
D. 3520
Correct Answer
B
Correct Option:
-3520

About This Question

This is Gce Model Questions Vol1 2023 Commerce Question 10. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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