Neco 2022 Commerce Question 39
Practice objective / multiple choice question 39 from the 2022 Neco Commerce examination.
A retailer purchases a product for ₦4,500 per unit. He wants a gross profit margin of 30\% on the selling price. He sells 120 units in a month, but offers an 8\% discount on the selling price for the last 20 units sold. What is the retailer's total profit for the month (in naira, rounded to the nearest naira)?
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About This Question
This is Neco 2022 Commerce Question 39. It is one of the objective questions from the 2022 Neco Commerce examination.
Difficulty level: Medium .
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