Neco Model Questions Vol1 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2024 Commerce Objective / Multiple Choice Easy Difficulty
Question 36 NECO_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A trader buys (120) metres of cloth at a unit cost of ₦(2,500). He adds a markup of (30\%\) on the total cost and then gives a discount of (10\%\) on the marked price to a customer. What is the selling price per metre that the customer pays?

Answer Options

A. 2600
Correct Answer B. 2925
C. 3000
D. 2750
Correct Answer
B
Correct Option:
2925

About This Question

This is Neco Model Questions Vol1 2024 Commerce Question 36. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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