Neco Model Questions Vol1 2024 Commerce Question 16
Practice objective / multiple choice question 16 from the 2024 Neco Model Questions Vol1 Commerce examination.
A trader buys 120 units of product A at \(\,\text{₦}2,500\) each and 80 units of product B at \(\,\text{₦}3,200\) each. He sells product A with a profit margin of 20% on cost and product B with a profit margin of 15% on cost. What is his total profit in naira?
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About This Question
This is Neco Model Questions Vol1 2024 Commerce Question 16. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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