Neco 2019 Data Processing Question 36

Practice objective / multiple choice question 36 from the 2019 Neco Data Processing examination.

Neco 2019 Data Processing Objective / Multiple Choice Hard Difficulty
Question 36 NECO • 2019 • DATA_PROCESSING • objective

A shop marks the price of an item at \(M\) naira. It first gives a 15% discount, then a further 10% discount on the reduced price, and finally adds 5% sales tax to the discounted price. The amount the customer finally pays is \(\,\text{₦}12{,}500\). The shop's cost price is 70% of the original marked price. Determine (a) the marked price \(M\), (b) the cost price, and (c) the profit percentage based on the cost price. Express the profit percentage to one decimal place.

Answer Options

A. Marked price = ₦15,562; Cost price = ₦10,894; Profit % ≈ 13.5%
B. Marked price = ₦15,562; Cost price = ₦11,000; Profit % ≈ 14.2%
C. Marked price = ₦16,000; Cost price = ₦11,200; Profit % ≈ 14.3%
Correct Answer D. Marked price = ₦15,562; Cost price = ₦10,894; Profit % ≈ 14.8%
Correct Answer
D
Correct Option:
Marked price = ₦15,562; Cost price = ₦10,894; Profit % ≈ 14.8%

About This Question

This is Neco 2019 Data Processing Question 36. It is one of the objective questions from the 2019 Neco Data Processing examination.

Difficulty level: Hard .

View More Neco 2019 Data Processing Questions More Neco Practice Questions Back to Questions

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