Gce Model Questions Vol1 2024 Commerce Question 27
Practice objective / multiple choice question 27 from the 2024 Gce Model Questions Vol1 Commerce examination.
A firm prints 500 brochures. The first 200 copies cost \(\,\text{₦}150\) each, the next 200 cost \(\,\text{₦}120\) each and the remaining 100 cost \(\,\text{₦}100\) each. Each copy is also bound at a cost equal to 5 % of its printing cost. The firm wants a 25 % profit on the total cost (printing plus binding). What selling price per brochure, in \(\text{₦}\), will achieve this profit?
Answer Options
About This Question
This is Gce Model Questions Vol1 2024 Commerce Question 27. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.