Neco Model Questions Vol1 2024 Commerce Question 13
Practice objective / multiple choice question 13 from the 2024 Neco Model Questions Vol1 Commerce examination.
A home‑based seller marks up a product by 40% over its cost price. She then offers a seasonal discount of 15% on the marked price and finally a cash discount of \(\text{₦}500\) on the discounted price. If the final selling price is \(\text{₦}2,200\), determine the original cost price of the product. Give your answer in naira to two decimal places.
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About This Question
This is Neco Model Questions Vol1 2024 Commerce Question 13. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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