Neco 2018 Commerce Question 46

Practice objective / multiple choice question 46 from the 2018 Neco Commerce examination.

Neco 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 46 NECO • 2018 • COMMERCE • objective

A shop sells 120 units of a product at \(\text{₦}2,500\) each. The monthly fixed rent is \(\text{₦}30,000\) and the variable cost per unit is \(\text{₦}800\). What is the monthly profit in naira?

Answer Options

A. 204000
B. 270000
Correct Answer C. 174000
D. 190000
Correct Answer
C
Correct Option:
174000

About This Question

This is Neco 2018 Commerce Question 46. It is one of the objective questions from the 2018 Neco Commerce examination.

Difficulty level: Easy .

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