Neco Model Questions Vol1 2019 Commerce Question 38
Practice objective / multiple choice question 38 from the 2019 Neco Model Questions Vol1 Commerce examination.
A retailer purchases 200 units of a gadget for a total cost of ₦480,000. He intends to apply a markup of \(35\%\) on the cost price per unit and then offer a seasonal discount of \(12\%\) on the selling price to customers. The retailer also incurs a fixed monthly overhead of ₦30,000. What is the minimum number of units he must sell in a month to achieve a profit of at least ₦60,000 after accounting for the overhead and the discount?
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About This Question
This is Neco Model Questions Vol1 2019 Commerce Question 38. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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