Neco Model Questions Vol1 2020 Commerce Question 8

Practice objective / multiple choice question 8 from the 2020 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2020 Commerce Objective / Multiple Choice Easy Difficulty
Question 8 NECO_MODEL_QUESTIONS_VOL1 • 2020 • COMMERCE • objective

A trader purchases 50 kg of rice at ₦200 per kilogram and sells the entire stock for a total revenue of ₦12,500. What is the trader's profit per kilogram, in naira?

Answer Options

A. 60
Correct Answer B. 50
C. 40
D. 55
Correct Answer
B
Correct Option:
50

About This Question

This is Neco Model Questions Vol1 2020 Commerce Question 8. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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