Waec Model Questions Vol1 2020 Commerce Question 45
Practice objective / multiple choice question 45 from the 2020 Waec Model Questions Vol1 Commerce examination.
A wholesaler purchases two products. Product X costs ₦12,000 per unit and is sold with a 25 % markup on cost. Product Y costs ₦8,000 per unit and is sold with a 30 % markup on cost. In a month the wholesaler sells 150 units of X and 200 units of Y. If the total sales revenue exceeds ₦3,000,000, a bulk discount of 5 % is applied to the revenue (i.e., the revenue is reduced by 5 %). Determine the total profit earned for the month after the bulk discount is applied.
Answer Options
About This Question
This is Waec Model Questions Vol1 2020 Commerce Question 45. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.