Neco 2022 Commerce Question 16

Practice objective / multiple choice question 16 from the 2022 Neco Commerce examination.

Neco 2022 Commerce Objective / Multiple Choice Easy Difficulty
Question 16 NECO • 2022 • COMMERCE • objective

A merchant buys goods for ₦45,000. He marks them up by 25% and then gives a discount of 10% on the marked price. What is the overall profit percentage earned by the merchant?

Answer Options

A. 15%
B. 13.5%
C. 10%
Correct Answer D. 12.5%
Correct Answer
D
Correct Option:
12.5%

About This Question

This is Neco 2022 Commerce Question 16. It is one of the objective questions from the 2022 Neco Commerce examination.

Difficulty level: Easy .

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