Neco 2022 Commerce Question 43

Practice objective / multiple choice question 43 from the 2022 Neco Commerce examination.

Neco 2022 Commerce Objective / Multiple Choice Easy Difficulty
Question 43 NECO • 2022 • COMMERCE • objective

A retailer buys 100 units of an item at \(\text{₦}1{,}200\) each and sells them at \(\text{₦}1{,}500\) each. Calculate the profit percentage on the cost.

Answer Options

Correct Answer A. 25
B. 30
C. 20
D. 15
Correct Answer
A
Correct Option:
25

About This Question

This is Neco 2022 Commerce Question 43. It is one of the objective questions from the 2022 Neco Commerce examination.

Difficulty level: Easy .

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