Neco Model Questions Vol1 2022 Commerce Question 49
Practice objective / multiple choice question 49 from the 2022 Neco Model Questions Vol1 Commerce examination.
A home‑based baker sells cakes at \(\text{₦}2{,}500\) each. The ingredient cost is \(\text{₦}800\) per cake and a fixed monthly kitchen utility cost of \(\text{₦}30{,}000\) is incurred. If the baker sells 120 cakes in a month, what is the profit for that month?
Answer Options
About This Question
This is Neco Model Questions Vol1 2022 Commerce Question 49. It is one of the objective questions from the 2022 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.