Neco Model Questions Vol1 2025 Commerce Question 33

Practice objective / multiple choice question 33 from the 2025 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2025 Commerce Objective / Multiple Choice Easy Difficulty
Question 33 NECO_MODEL_QUESTIONS_VOL1 • 2025 • COMMERCE • objective

A retailer purchases a product at a cost of N12,000. He wishes to earn a profit equal to 25\% of the selling price. What should be the selling price of the product?

Answer Options

A. 20000
B. 12000
C. 15000
Correct Answer D. 16000
Correct Answer
D
Correct Option:
16000

About This Question

This is Neco Model Questions Vol1 2025 Commerce Question 33. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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