Neco 2018 Data Processing Question 12
Practice objective / multiple choice question 12 from the 2018 Neco Data Processing examination.
A company records quarterly sales data as follows (units sold, selling price per unit, cost per unit):\n\nQuarter\,1: \(500\) units, price \(\text{₦}200\), cost \(\text{₦}150\)\nQuarter\,2: \(600\) units, price \(\text{₦}210\), cost \(\text{₦}155\)\nQuarter\,3: \(720\) units, price \(\text{₦}220\), cost \(\text{₦}160\)\nQuarter\,4: \(864\) units, price \(\text{₦}230\), cost \(\text{₦}165\)\n\nFor each quarter, profit = units \(\times\) (selling price \(-\) cost).\n\nWhich quarter shows the greatest percentage increase in profit compared to the preceding quarter, and what is that percentage increase (to the nearest whole percent)?
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About This Question
This is Neco 2018 Data Processing Question 12. It is one of the objective questions from the 2018 Neco Data Processing examination.
Difficulty level: Hard .
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