Waec Model Questions Vol1 2019 Commerce Question 31
Practice objective / multiple choice question 31 from the 2019 Waec Model Questions Vol1 Commerce examination.
A retailer purchases a batch of identical items and sells them to customers. He applies a markup of 30% on the cost price to obtain the marked price. He then offers a discount of 15% on the marked price and finally adds a sales tax of 5% on the discounted price. A customer buys 40 items and pays a total of ₦13,200. What was the original cost price per item (in Naira, correct to two decimal places)?
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About This Question
This is Waec Model Questions Vol1 2019 Commerce Question 31. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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