Gce Model Questions Vol1 2025 Commerce Question 38
Practice objective / multiple choice question 38 from the 2025 Gce Model Questions Vol1 Commerce examination.
A wholesaler purchases goods for a total cost of \(\text{₦}480{,}000\). He marks up the cost by \(30\%\) to set a list price. He then offers a trade discount of \(10\%\) to a retailer and, for cash payment within 10 days, a further cash discount of \(2\%\) on the discounted price. How much profit percent does the wholesaler make on his original cost?
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About This Question
This is Gce Model Questions Vol1 2025 Commerce Question 38. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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