Neco Model Questions Vol1 2022 Commerce Question 38
Practice objective / multiple choice question 38 from the 2022 Neco Model Questions Vol1 Commerce examination.
A wholesaler sells a product at a list price of ₦5,000 per unit. He offers quantity discounts as follows: no discount for 0‑99 units, 5% discount for 100‑199 units, and 10% discount for 200 units or more. His variable cost per unit is ₦3,000 for orders up to 150 units and ₦2,800 for orders above 150 units. Fixed costs are ₦150,000 per month. What is the minimum number of units the wholesaler must sell in a month to achieve a profit of at least ₦200,000?
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About This Question
This is Neco Model Questions Vol1 2022 Commerce Question 38. It is one of the objective questions from the 2022 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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