Neco Model Questions Vol1 2021 Commerce Question 42

Practice objective / multiple choice question 42 from the 2021 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 42 NECO_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A trader purchases a batch of \(120\) items for \(\N{,}48{,}000\) and sells each item at a uniform price, making a total profit of \(\N{,}9{,}600\). What is the selling price per item?

Answer Options

A. 520
Correct Answer B. 480
C. 450
D. 500
Correct Answer
B
Correct Option:
480

About This Question

This is Neco Model Questions Vol1 2021 Commerce Question 42. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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