Neco Model Questions Vol1 2025 Commerce Question 26
Practice objective / multiple choice question 26 from the 2025 Neco Model Questions Vol1 Commerce examination.
A home trader purchases 12 metres of fabric at ₦2,500 per metre and 8 metres of yarn at ₦1,800 per metre. He also incurs a flat overhead cost of ₦5,000 for the purchase. He intends to sell the combined stock at a profit of \(20\%\) on the total cost. What is the selling price of the whole stock in Naira?
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About This Question
This is Neco Model Questions Vol1 2025 Commerce Question 26. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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