Neco 2019 Commerce Question 18

Practice objective / multiple choice question 18 from the 2019 Neco Commerce examination.

Neco 2019 Commerce Objective / Multiple Choice Easy Difficulty
Question 18 NECO • 2019 • COMMERCE • objective

A retailer buys a batch of \(50\) units of a product for a total cost of \(\)₦2,800. He adds a markup of \(25\%\) on the cost price and sells all units. What is the total profit earned?

Answer Options

A. 840
B. 560
Correct Answer C. 700
D. 750
Correct Answer
C
Correct Option:
700

About This Question

This is Neco 2019 Commerce Question 18. It is one of the objective questions from the 2019 Neco Commerce examination.

Difficulty level: Easy .

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