Neco 2023 Commerce Question 18
Practice objective / multiple choice question 18 from the 2023 Neco Commerce examination.
A wholesaler purchases 800 units of a product for a total cost of \(\text{₦}480{,}000\). He adds a markup of 25% on the cost price to set the wholesale price. For bulk orders of 200 units or more, he offers a discount of 10% on the wholesale price. Fixed monthly overhead is \(\text{₦}60{,}000\). What is the minimum number of units the wholesaler must sell in a month to achieve a profit of at least \(\text{₦}120{,}000\)?
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About This Question
This is Neco 2023 Commerce Question 18. It is one of the objective questions from the 2023 Neco Commerce examination.
Difficulty level: Medium .
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