Neco 2024 Commerce Question 43
Practice objective / multiple choice question 43 from the 2024 Neco Commerce examination.
An estate agent earns a commission of 3 % on the first \(\text{₦}5,000,000\) of a house's sale price and 5 % on any amount above \(\text{₦}5,000,000\). If the house sells for \(\text{₦}7,200,000\), what is the total commission earned by the agent? Give your answer in naira.
Answer Options
About This Question
This is Neco 2024 Commerce Question 43. It is one of the objective questions from the 2024 Neco Commerce examination.
Difficulty level: Easy .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.