Neco Model Questions Vol1 2022 Commerce Question 13
Practice objective / multiple choice question 13 from the 2022 Neco Model Questions Vol1 Commerce examination.
A wholesaler buys a product at \(\text{₦}2,500\) per unit. Monthly overhead is \(\text{₦}150,000\) and a handling cost of \(\text{₦}300\) per unit sold is incurred. The selling price is set with a 40% markup on the cost price, but a seasonal discount of 10% on the selling price is given for orders exceeding 200 units. What is the minimum number of units that must be sold in a month to achieve a profit of at least \(\text{₦}100,000\)?
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About This Question
This is Neco Model Questions Vol1 2022 Commerce Question 13. It is one of the objective questions from the 2022 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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