Neco 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Neco Commerce examination.

Neco 2022 Commerce Objective / Multiple Choice Easy Difficulty
Question 36 NECO • 2022 • COMMERCE • objective

A shopkeeper buys 50 identical items for a total cost of ₦8,000. He calculates the cost per item as \( \frac{8000}{50} \) naira. He wants to earn a total profit of ₦2,500 on the whole batch. What should be the selling price per item (in naira)?

Answer Options

A. 200
B. 260
C. 215
Correct Answer D. 210
Correct Answer
D
Correct Option:
210

About This Question

This is Neco 2022 Commerce Question 36. It is one of the objective questions from the 2022 Neco Commerce examination.

Difficulty level: Easy .

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