Neco Model Questions Vol1 2018 Commerce Question 26

Practice objective / multiple choice question 26 from the 2018 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 26 NECO_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • objective

A trader buys (12) metres of fabric at a price of \(\text{₦}1,500\) per metre and sells the entire stock for a total of \(\text{₦}20,000\). What is the trader's profit?

Answer Options

A. 2500
B. 1800
C. 2200
Correct Answer D. 2000
Correct Answer
D
Correct Option:
2000

About This Question

This is Neco Model Questions Vol1 2018 Commerce Question 26. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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