Neco 2021 Commerce Question 39
Practice objective / multiple choice question 39 from the 2021 Neco Commerce examination.
A retailer buys 200 units of a product for a total cost of ₦480,000. He intends to set a selling price that gives a 25\% profit margin on cost. For bulk purchases of 50 units or more he offers a 10\% discount on the selling price. If 80 units are sold with the bulk discount and the remaining 120 units are sold at the full selling price, what is the total revenue obtained from selling all 200 units?
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About This Question
This is Neco 2021 Commerce Question 39. It is one of the objective questions from the 2021 Neco Commerce examination.
Difficulty level: Medium .
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