Neco 2018 Commerce Question 16

Practice objective / multiple choice question 16 from the 2018 Neco Commerce examination.

Neco 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 16 NECO • 2018 • COMMERCE • objective

A trader buys goods for ₦5,000 and sells them at a profit of \\(20\\%\\) of the cost price. What is the selling price?

Answer Options

A. 5000
B. 6200
C. 5500
Correct Answer D. 6000
Correct Answer
D
Correct Option:
6000

About This Question

This is Neco 2018 Commerce Question 16. It is one of the objective questions from the 2018 Neco Commerce examination.

Difficulty level: Easy .

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