Neco 2017 Commerce Question 30
Practice objective / multiple choice question 30 from the 2017 Neco Commerce examination.
A home‑based baker has fixed monthly costs of \(45000\) naira. The variable cost per cake is \(2500\) naira. She sells each cake for \(5000\) naira. For orders of ten or more cakes in a single transaction she gives a 10% discount on the total price. In a month she receives three orders of 8 cakes each, two orders of 12 cakes each and one order of 15 cakes. Determine whether she makes a profit or a loss for the month and state the net amount (in naira).
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About This Question
This is Neco 2017 Commerce Question 30. It is one of the objective questions from the 2017 Neco Commerce examination.
Difficulty level: Medium .
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