Neco 2018 Commerce Question 48

Practice objective / multiple choice question 48 from the 2018 Neco Commerce examination.

Neco 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 48 NECO • 2018 • COMMERCE • objective

A retailer purchases a product for \(\text{₦}1,800\) per unit and wants to earn a profit margin of 25% on the cost. What should be the selling price per unit in naira?

Answer Options

A. 2000
Correct Answer B. 2250
C. 1800
D. 2400
Correct Answer
B
Correct Option:
2250

About This Question

This is Neco 2018 Commerce Question 48. It is one of the objective questions from the 2018 Neco Commerce examination.

Difficulty level: Easy .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support