Neco Model Questions Vol1 2019 Commerce Question 7

Practice objective / multiple choice question 7 from the 2019 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2019 Commerce Objective / Multiple Choice Easy Difficulty
Question 7 NECO_MODEL_QUESTIONS_VOL1 • 2019 • COMMERCE • objective

A trader buys 200 units of an item at ₦1,200 each. He adds a markup of \(25\%\) to set the selling price. A customer purchases 50 units and receives a cash discount of \(10\%\) on the total invoice. How much does the customer pay?

Answer Options

A. 68750
B. 63000
Correct Answer C. 67500
D. 72000
Correct Answer
C
Correct Option:
67500

About This Question

This is Neco Model Questions Vol1 2019 Commerce Question 7. It is one of the objective questions from the 2019 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.

Unlock Full Access Available for Android & Windows
Chat with Support