Waec Model Questions Vol1 2017 Commerce Question 36

Practice objective / multiple choice question 36 from the 2017 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2017 Commerce Objective / Multiple Choice Medium Difficulty
Question 36 WAEC_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A retailer purchases 120 shirts for a total cost of ₦96,000. He intends to earn a profit margin of 25% on the selling price after offering a trade discount of 10% on the marked price and adding a sales tax of 5% on the discounted price. What should be the marked price per shirt, expressed to the nearest naira?

Answer Options

A. 1190
Correct Answer B. 1130
C. 1240
D. 1080
Correct Answer
B
Correct Option:
1130

About This Question

This is Waec Model Questions Vol1 2017 Commerce Question 36. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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