Gce Model Questions Vol1 2023 Commerce Question 46
Practice objective / multiple choice question 46 from the 2023 Gce Model Questions Vol1 Commerce examination.
A home‑trade retailer buys \(120\) units of a product at \(₦500\) each. He also pays a transport charge of \(₦8\,000\). A sales tax of \(5\%\) is charged on the total cost (goods + transport). He wishes to make a profit of \(20\%\) on the total cost (including tax). What selling price per unit should he set?
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About This Question
This is Gce Model Questions Vol1 2023 Commerce Question 46. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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