Neco 2021 Commerce Question 41

Practice objective / multiple choice question 41 from the 2021 Neco Commerce examination.

Neco 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 41 NECO • 2021 • COMMERCE • objective

A shopkeeper buys 50 items at \(\text{₦}2,000\) each. He sells the items at a uniform price and makes a profit of \(25\%\) on the total cost. What is the selling price per item (in naira)?

Answer Options

A. 2400
Correct Answer B. 2500
C. 2000
D. 2600
Correct Answer
B
Correct Option:
2500

About This Question

This is Neco 2021 Commerce Question 41. It is one of the objective questions from the 2021 Neco Commerce examination.

Difficulty level: Easy .

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