Neco 2024 Commerce Question 31
Practice objective / multiple choice question 31 from the 2024 Neco Commerce examination.
A small shop makes 120 sales per day, each with an average value of \(\text{₦}2,500\). Fixed daily costs are \(\text{₦}30,000\) and variable cost is 20\% of sales revenue. Find the daily profit in \(\text{₦}\).
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About This Question
This is Neco 2024 Commerce Question 31. It is one of the objective questions from the 2024 Neco Commerce examination.
Difficulty level: Easy .
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