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