Waec Model Questions Vol1 2021 Commerce Question 33

Practice objective / multiple choice question 33 from the 2021 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2021 Commerce Objective / Multiple Choice Medium Difficulty
Question 33 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A retailer buys 200 units of a product at ₦1,200 each. The marked price is ₦1,800 per unit. For bulk buyers who purchase at least 50 units, a trade discount of 10% on the marked price is given, and a sales commission of 5% of the selling price (after discount) is paid to the sales staff. The retailer wants an overall profit of at least ₦80,000. What is the minimum number of units that must be sold at the discounted price to meet this profit target?

Answer Options

A. 45
B. 55
Correct Answer C. 50
D. 60
Correct Answer
C
Correct Option:
50

About This Question

This is Waec Model Questions Vol1 2021 Commerce Question 33. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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