Neco Model Questions Vol1 2017 Commerce Question 44
Practice objective / multiple choice question 44 from the 2017 Neco Model Questions Vol1 Commerce examination.
A trader buys 50 units of a product at \(\text{₦}1,200\) each. He sells each unit with a \(25\%\) markup on the cost price. A sales tax of \(5\%\) is applied on the selling price. What is the trader's total profit after tax? Give your answer in naira.
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About This Question
This is Neco Model Questions Vol1 2017 Commerce Question 44. It is one of the objective questions from the 2017 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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