Neco Model Questions Vol1 2023 Commerce Question 16

Practice objective / multiple choice question 16 from the 2023 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2023 Commerce Objective / Multiple Choice Easy Difficulty
Question 16 NECO_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A home trader buys 20 units of a product at \(\N{Naira}150\) each. He adds a profit margin of 25% on the total cost and then offers a discount of 10% on the marked price to a customer. What is the final selling price per unit (in \(\N{Naira}\))?

Answer Options

Correct Answer A. 168.75
B. 175.00
C. 157.50
D. 162.00
Correct Answer
A
Correct Option:
168.75

About This Question

This is Neco Model Questions Vol1 2023 Commerce Question 16. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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