Neco Model Questions Vol1 2021 Commerce Question 20

Practice objective / multiple choice question 20 from the 2021 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 20 NECO_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A shopkeeper purchases a batch of goods for \(480{,}000\) Naira and intends to earn a profit of 20 % on the total cost. What should be the selling price of the batch in Naira?

Answer Options

A. 552000
B. 528000
C. 600000
Correct Answer D. 576000
Correct Answer
D
Correct Option:
576000

About This Question

This is Neco Model Questions Vol1 2021 Commerce Question 20. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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