Neco Model Questions Vol1 2023 Commerce Question 37

Practice objective / multiple choice question 37 from the 2023 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2023 Commerce Objective / Multiple Choice Easy Difficulty
Question 37 NECO_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A shop purchases 50 identical items for a total cost of ₦75,000. It sells each item at the same price and makes an overall profit of ₦15,000. What is the selling price per item?

Answer Options

Correct Answer A. ₦1,800
B. ₦1,650
C. ₦1,500
D. ₦2,000
Correct Answer
A
Correct Option:
₦1,800

About This Question

This is Neco Model Questions Vol1 2023 Commerce Question 37. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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