Neco Model Questions Vol1 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2023 Commerce Objective / Multiple Choice Easy Difficulty
Question 5 NECO_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A home‑based baker sells 120 cupcakes at \(₦500\) each. She pays a commission of \(8\%\) on total sales to a delivery service and a flat tax of \(₦5,000\) on the net revenue after commission. Determine her net profit.

Answer Options

A. ₦50,000
B. ₦55,200
Correct Answer C. ₦50,200
D. ₦45,200
Correct Answer
C
Correct Option:
₦50,200

About This Question

This is Neco Model Questions Vol1 2023 Commerce Question 5. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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