Neco 2017 Commerce Question 23

Practice objective / multiple choice question 23 from the 2017 Neco Commerce examination.

Neco 2017 Commerce Objective / Multiple Choice Easy Difficulty
Question 23 NECO • 2017 • COMMERCE • objective

A retailer purchases an item for ₦5,000 and marks it up by \(30\%\) to obtain the marked price. He then offers a discount of \(10\%\) on the marked price. What is the final selling price as a percentage of the original cost price?

Answer Options

A. 111\%
B. 130\%
Correct Answer C. 117\%
D. 108\%
Correct Answer
C
Correct Option:
117\%

About This Question

This is Neco 2017 Commerce Question 23. It is one of the objective questions from the 2017 Neco Commerce examination.

Difficulty level: Easy .

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