Neco Model Questions Vol1 2018 Mathematics Question 38

Practice objective / multiple choice question 38 from the 2018 Neco Model Questions Vol1 Mathematics examination.

Neco Model Questions Vol1 2018 Mathematics Objective / Multiple Choice Easy Difficulty
Question 38 NECO_MODEL_QUESTIONS_VOL1 • 2018 • MATHEMATICS • objective

A shop marks an item at price M naira. It first offers a 10% discount, then a further 5% discount on the reduced price. After these discounts the item sells for \(12{,}000\) naira, giving the shop a profit of 20% on the cost price. What is the cost price of the item (in naira)?

Answer Options

A. 12000
Correct Answer B. 10000
C. 10500
D. 9500
Correct Answer
B
Correct Option:
10000

About This Question

This is Neco Model Questions Vol1 2018 Mathematics Question 38. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Mathematics examination.

Difficulty level: Easy .

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