Neco 2018 Commerce Question 5

Practice objective / multiple choice question 5 from the 2018 Neco Commerce examination.

Neco 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 5 NECO • 2018 • COMMERCE • objective

A retailer purchases an item for ₦8,000. He applies a markup of 25\% on cost and then offers a discount of 10\% on the marked‑up price to customers. What is the final selling price after the discount (in Naira)?

Answer Options

A. ₦9,200
Correct Answer B. ₦9,000
C. ₦8,640
D. ₦8,500
Correct Answer
B
Correct Option:
₦9,000

About This Question

This is Neco 2018 Commerce Question 5. It is one of the objective questions from the 2018 Neco Commerce examination.

Difficulty level: Easy .

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