Neco 2021 Commerce Question 33
Practice objective / multiple choice question 33 from the 2021 Neco Commerce examination.
A retailer runs two advertising campaigns. Campaign A costs \(\,\text{₦}120,000\) and reaches 15,000 listeners with a conversion rate of 4%. Campaign B costs \(\,\text{₦}80,000\) and reaches 10,000 users with a conversion rate of 6%. Each conversion yields a profit of \(\,\text{₦}250\). Determine which campaign gives a higher profit per naira spent and state the net profit (profit minus cost) for that campaign.
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About This Question
This is Neco 2021 Commerce Question 33. It is one of the objective questions from the 2021 Neco Commerce examination.
Difficulty level: Medium .
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