Neco 2022 Commerce Question 49
Practice objective / multiple choice question 49 from the 2022 Neco Commerce examination.
A wholesaler purchases a product at \(\text{₦}2,500\) per unit. He sells to retailers with the following schedule: for the first 200 units sold each month the selling price is \(\text{₦}3,200\) per unit; for any units beyond 200 the price drops to \(\text{₦}3,000\) per unit. The wholesaler incurs fixed monthly overheads of \(\text{₦}120,000\) and a variable handling cost of \(\text{₦}150\) per unit sold. What is the minimum number of units the wholesaler must sell in a month to achieve a profit of at least \(\text{₦}200,000\)?
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About This Question
This is Neco 2022 Commerce Question 49. It is one of the objective questions from the 2022 Neco Commerce examination.
Difficulty level: Medium .
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