Neco 2017 Commerce Question 27
Practice objective / multiple choice question 27 from the 2017 Neco Commerce examination.
A retailer purchases 120 units of a product for a total cost of \(84000\) naira. He wants to earn a profit margin of 30% on the final selling price after giving a trade discount of 5% to customers and adding a sales tax of 7.5% on the discounted price. What should be the unit selling price (before discount and tax) in naira? Give your answer to two decimal places.
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About This Question
This is Neco 2017 Commerce Question 27. It is one of the objective questions from the 2017 Neco Commerce examination.
Difficulty level: Medium .
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