Neco 2025 Commerce Question 36
Practice objective / multiple choice question 36 from the 2025 Neco Commerce examination.
A retailer purchases 120 units of a product at ₦2,500 each. He receives a trade discount of \(5\%\) on the total invoice, then pays a sales tax of \(7.5\%\) on the discounted amount. He wants to earn a profit of \(20\%\) on his total cost (including tax). What should be his selling price per unit (in naira)?
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About This Question
This is Neco 2025 Commerce Question 36. It is one of the objective questions from the 2025 Neco Commerce examination.
Difficulty level: Easy .
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