Neco 2023 Commerce Question 4

Practice essay / theory question 4 from the 2023 Neco Commerce examination. This question covers Home Trade, Pricing, Profit Calculation .

Neco 2023 Commerce Essay / Theory

Topics: Home Trade Pricing Profit Calculation

Question 4 NECO • 2023 • COMMERCE • essay

A retailer purchases 200 units of a product at ₦150 each. He adds a markup of 40 % on the cost price and offers a discount of 10 % on the marked price to customers.

( a )

Calculate the selling price per unit after the discount.

( b )

Determine the total profit earned if all units are sold.

( c )

If the retailer has fixed costs of ₦8,000, calculate the break‑even quantity (round up to the next whole unit).

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This is Neco 2023 Commerce Question 4. It is one of the essay questions from the 2023 Neco Commerce examination.

The question covers Home Trade, Pricing, Profit Calculation .

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