Neco Model Questions Vol1 2024 Commerce Question 11
Practice objective / multiple choice question 11 from the 2024 Neco Model Questions Vol1 Commerce examination.
A trader buys 120 kg of rice at \(\text{₦}150\) per kilogram. He sells half of the rice at a profit of 20% and the remaining half at a loss of 10%. What is the overall profit percentage on the whole transaction? Give your answer to one decimal place.
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About This Question
This is Neco Model Questions Vol1 2024 Commerce Question 11. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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