Neco Model Questions Vol1 2021 Commerce Question 16
Practice objective / multiple choice question 16 from the 2021 Neco Model Questions Vol1 Commerce examination.
A trader sells shirts at a price of \(5{,}000\) Naira each. His monthly fixed costs are \(200{,}000\) Naira. When he sells 80 shirts in a month, he records a profit of \(120{,}000\) Naira. What is the variable cost per shirt (in Naira)?
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About This Question
This is Neco Model Questions Vol1 2021 Commerce Question 16. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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