Neco 2025 Commerce Question 26

Practice objective / multiple choice question 26 from the 2025 Neco Commerce examination.

Neco 2025 Commerce Objective / Multiple Choice Easy Difficulty
Question 26 NECO • 2025 • COMMERCE • objective

A trader purchases 150 metres of fabric at \(150\times 2,300\) naira. He sells 120 metres at a \(25\%\) profit on the cost price and the remaining 30 metres at a \(10\%\) loss on the cost price. What is his overall profit or loss (in naira)?

Answer Options

A. 68000
B. 55200
C. 75900
Correct Answer D. 62100
Correct Answer
D
Correct Option:
62100

About This Question

This is Neco 2025 Commerce Question 26. It is one of the objective questions from the 2025 Neco Commerce examination.

Difficulty level: Easy .

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