Gce Model Questions Vol1 2024 Commerce Question 15

Practice objective / multiple choice question 15 from the 2024 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2024 Commerce Objective / Multiple Choice Easy Difficulty
Question 15 GCE_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A home‑based baker prepares a batch of 40 cupcakes. The total cost of ingredients and utilities for the batch is ₦12,000. She sells each cupcake at a price that includes a \(15\%\) sales tax, and the final selling price per cupcake (including tax) is ₦500. How much profit does she make on the whole batch before tax is removed? Give your answer to two decimal places.

Answer Options

A. 7,400.00
B. 5,000.00
C. 8,000.00
Correct Answer D. 5,391.30
Correct Answer
D
Correct Option:
5,391.30

About This Question

This is Gce Model Questions Vol1 2024 Commerce Question 15. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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