Waec Model Questions Vol1 2018 Commerce Question 42

Practice objective / multiple choice question 42 from the 2018 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2018 Commerce Objective / Multiple Choice Easy Difficulty
Question 42 WAEC_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • objective

A trader buys goods for ₦250,000. He sells them at a markup of 30% on cost. He offers a trade discount of 5% on the selling price to a retailer, and the retailer pays within 10 days and receives a cash discount of 2% on the discounted price. Find the cash amount received by the trader.

Answer Options

A. 300000
Correct Answer B. 302575
C. 308750
D. 318500
Correct Answer
B
Correct Option:
302575

About This Question

This is Waec Model Questions Vol1 2018 Commerce Question 42. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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