Gce Model Questions Vol1 2023 Commerce Question 28
Practice objective / multiple choice question 28 from the 2023 Gce Model Questions Vol1 Commerce examination.
A wholesaler buys 500 units of product X.\n- 200 units are bought from Supplier A at a listed price of \(\text{₦}2,500\) each with a 5 % discount.\n- 150 units are bought from Supplier B at a listed price of \(\text{₦}2,600\) each with an 8 % discount, and the wholesaler receives a cash rebate of \(\text{₦}50\) per unit for early payment.\n- 150 units are bought from Supplier C at a listed price of \(\text{₦}2,550\) each with a 2 % handling fee added to the invoice.\nThe wholesaler adds a uniform markup of 25 % on the total cost to set the selling price per unit to retailers. What selling price per unit (rounded to the nearest naira) should the wholesaler charge?
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About This Question
This is Gce Model Questions Vol1 2023 Commerce Question 28. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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