Neco Model Questions Vol1 2017 Commerce Question 46
Practice objective / multiple choice question 46 from the 2017 Neco Model Questions Vol1 Commerce examination.
A trader purchases 120 units of a product at ₦2,500 each. He adds a profit margin of \(20\%\) on the total cost and then offers a cash discount of \(5\%\) on the marked price to encourage prompt payment. What is the cash price the buyer must pay?
Answer Options
About This Question
This is Neco Model Questions Vol1 2017 Commerce Question 46. It is one of the objective questions from the 2017 Neco Model Questions Vol1 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.