Neco Model Questions Vol1 2023 Commerce Question 17
Practice objective / multiple choice question 17 from the 2023 Neco Model Questions Vol1 Commerce examination.
A wholesaler purchases 800 units of a product at \(\N{Naira}80\) each. He adds a markup of 30% on cost to set the wholesale price, then gives a trade discount of 5% to retailers and pays a commission of 2% of the net selling price to the sales agent. If the wholesaler wants a net profit of \(\N{Naira}12,000\) after discounts and commission, how many units must he sell?
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About This Question
This is Neco Model Questions Vol1 2023 Commerce Question 17. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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