Waec Model Questions Vol1 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2017 Commerce Objective / Multiple Choice Medium Difficulty
Question 35 WAEC_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A wholesaler purchases a product at ₦2,500 per unit. Fixed overheads are ₦150,000 per month. He marks up the cost by 30 % and offers a 5 % trade discount on the marked price for orders of 200 units or more. Assuming he sells only at the discounted price and wants a profit of at least ₦100,000 in a month, what is the minimum number of units he must sell?

Answer Options

A. 460 units
B. 410 units
Correct Answer C. 426 units
D. 440 units
Correct Answer
C
Correct Option:
426 units

About This Question

This is Waec Model Questions Vol1 2017 Commerce Question 35. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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