Neco Model Questions Vol1 2020 Commerce Question 33
Practice objective / multiple choice question 33 from the 2020 Neco Model Questions Vol1 Commerce examination.
A retailer purchases 120 identical items for a total cost of \(48000\) Naira. He applies a markup of 25% on the cost price to set the selling price per item, and then a sales tax of 5% is added to the selling price. What is the final price per item (in Naira) that the consumer pays?
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About This Question
This is Neco Model Questions Vol1 2020 Commerce Question 33. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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