Gce Model Questions Vol1 2025 Commerce Question 48
Practice objective / multiple choice question 48 from the 2025 Gce Model Questions Vol1 Commerce examination.
A wholesaler purchases 800 units of a product for a total cost of ₦(2{,}400{,}000\). He intends to sell the goods at a uniform listed price per unit. For orders of 200 units or more he gives a trade discount of 5% on the listed price and pays a sales‑staff commission of 2% on the net sale (after discount). If he wants an overall profit margin of 20% on his total cost after accounting for discounts and commissions, what should be the listed selling price per unit (before any discount)?
Answer Options
About This Question
This is Gce Model Questions Vol1 2025 Commerce Question 48. It is one of the objective questions from the 2025 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.