Neco Model Questions Vol1 2025 Commerce Question 4
Practice objective / multiple choice question 4 from the 2025 Neco Model Questions Vol1 Commerce examination.
A wholesaler purchases goods at a cost price of \(\text{₦}1{,}200\) per unit. Fixed monthly overheads amount to \(\text{₦}150{,}000\). The wholesaler sets a uniform selling price of \(\text{₦}1{,}800\) per unit before any discount. Discount policy per order is: no discount for orders of up to 100 units, 5% discount on the selling price for orders of 101-300 units, and 10% discount for orders exceeding 300 units. Assuming the wholesaler can split the total sales into any number of orders of any size to maximise profit, what is the minimum total number of units that must be sold in a month to achieve a profit of at least \(\text{₦}200{,}000\)?
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About This Question
This is Neco Model Questions Vol1 2025 Commerce Question 4. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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