Gce Model Questions Vol1 2024 Commerce Question 30
Practice objective / multiple choice question 30 from the 2024 Gce Model Questions Vol1 Commerce examination.
A retailer purchases a batch of 150 items at \(\text{₦}2{,}800\) each. Overhead costs for the batch amount to \(\text{₦}18{,}000\). The retailer wants a profit margin of 30 % on the total cost (purchase plus overhead) and will offer a seasonal discount of 12 % on the selling price. What is the discounted selling price per item, in \(\text{₦}\)?
Answer Options
About This Question
This is Gce Model Questions Vol1 2024 Commerce Question 30. 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.