Neco Model Questions Vol1 2023 Commerce Question 28
Practice objective / multiple choice question 28 from the 2023 Neco Model Questions Vol1 Commerce examination.
A home‑based baker has fixed monthly costs of \(\text{₦}50{,}000\) and a variable cost of \(\text{₦}2{,}500\) per cake. She sets the selling price of each cake at 25 % above the total cost per cake (including her share of fixed costs). If she aims for a monthly profit of \(\text{₦}30{,}000\), how many cakes must she sell that month?
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About This Question
This is Neco Model Questions Vol1 2023 Commerce Question 28. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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