Neco Model Questions Vol1 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2023 Commerce Objective / Multiple Choice Easy Difficulty
Question 35 NECO_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A retailer buys a batch of goods for \(\text{₦}240{,}000\) and sells them for \(\text{₦}300{,}000\). What is the profit percentage on the cost?

Answer Options

A. 15
Correct Answer B. 25
C. 20
D. 30
Correct Answer
B
Correct Option:
25

About This Question

This is Neco Model Questions Vol1 2023 Commerce Question 35. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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