Neco 2024 Commerce Question 30

Practice objective / multiple choice question 30 from the 2024 Neco Commerce examination.

Neco 2024 Commerce Objective / Multiple Choice Medium Difficulty
Question 30 NECO • 2024 • COMMERCE • objective

A retailer purchases 120 units of a product for a total cost of \(84{,}000\) Naira. He intends to apply a 35% markup on the cost price per unit. For any sale beyond the first 80 units, he offers a 10% discount on the selling price of the excess units. If he sells all 120 units, what is his total profit (in Naira)?

Answer Options

A. 29400
Correct Answer B. 25620
C. 18060
D. 26600
Correct Answer
B
Correct Option:
25620

About This Question

This is Neco 2024 Commerce Question 30. It is one of the objective questions from the 2024 Neco Commerce examination.

Difficulty level: Medium .

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