Neco Model Questions Vol1 2018 Commerce Question 15

Practice objective / multiple choice question 15 from the 2018 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2018 Commerce Objective / Multiple Choice Medium Difficulty
Question 15 NECO_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • objective

A home‑based baker buys raw materials costing ₦45,000 for each batch, which yields 20 cakes. Each cake is sold for ₦3,500. The baker pays a market‑stall rent of ₦5,000 per day and electricity of ₦1,200 per day. She works 5 days a week and sells all the cakes each day. (a) Calculate her weekly profit if no discount is offered. (b) If she gives a 10 % discount on every third cake sold, what is her adjusted weekly profit, assuming she still sells exactly 20 cakes each day?

Answer Options

Correct Answer A. Without discount: ₦94,000; with discount: ₦83,500
B. Without discount: ₦92,500; with discount: ₦82,000
C. Without discount: ₦95,000; with discount: ₦84,000
D. Without discount: ₦90,000; with discount: ₦80,500
Correct Answer
A
Correct Option:
Without discount: ₦94,000; with discount: ₦83,500

About This Question

This is Neco Model Questions Vol1 2018 Commerce Question 15. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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