Neco Model Questions Vol1 2024 Commerce Question 49

Practice objective / multiple choice question 49 from the 2024 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2024 Commerce Objective / Multiple Choice Medium Difficulty
Question 49 NECO_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A retailer sells two products, X and Y. The cost price per unit of X is \(\text{₦}4,500\) and it is marked up by 20%. The cost price per unit of Y is \(\text{₦}3,200\) and it is marked up by 25%. The retailer offers a bundle consisting of 3 units of X and 2 units of Y for a flat discount of \(\text{₦}2,000\) on the combined marked‑up price. Fixed monthly overhead for the store is \(\text{₦}120,000\). How many such bundles must be sold in a month to achieve at least a total profit of \(\text{₦}200,000\)?

Answer Options

A. 150 bundles
B. 120 bundles
Correct Answer C. 140 bundles
D. 130 bundles
Correct Answer
C
Correct Option:
140 bundles

About This Question

This is Neco Model Questions Vol1 2024 Commerce Question 49. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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