Gce Model Questions Vol1 2024 Commerce Question 18
Practice objective / multiple choice question 18 from the 2024 Gce Model Questions Vol1 Commerce examination.
A wholesaler purchases a product at \(\text{₦}150\) per unit and sells to retailers at a list price of \(\text{₦}250\) per unit. He offers a 10% discount on the list price for orders of at least 200 units. His monthly fixed costs are \(\text{₦}30{,}000\) and his only variable cost is the purchase price. The wholesaler wants to earn a profit of at least \(\text{₦}20{,}000\) in a month. What is the minimum number of units he must sell (including any discount) to achieve this target?
Answer Options
About This Question
This is Gce Model Questions Vol1 2024 Commerce Question 18. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.