Neco 2020 Commerce Question 26

Practice objective / multiple choice question 26 from the 2020 Neco Commerce examination.

Neco 2020 Commerce Objective / Multiple Choice Easy Difficulty
Question 26 NECO • 2020 • COMMERCE • objective

A home trader buys \(5\) units of item A at \text{₦}120 each, \(8\) units of item B at \text{₦}75 each, and \(2\) units of item C at \text{₦}250 each. He adds a flat overhead of \text{₦}500 to the total cost and sells the bundle for \text{₦}3000. What is his profit (in Naira)?

Answer Options

A. 900
Correct Answer B. 800
C. 700
D. 1000
Correct Answer
B
Correct Option:
800

About This Question

This is Neco 2020 Commerce Question 26. It is one of the objective questions from the 2020 Neco Commerce examination.

Difficulty level: Easy .

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