Waec Model Questions Vol1 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 36 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A trader purchases fabric at ₦2,500 per metre. He intends to earn a profit of 15 % on his cost and must add a sales tax of 5 % on the selling price. What should be the selling price per metre (in naira)?

Answer Options

A. ₦3,026.32
B. ₦2,875.00
Correct Answer C. ₦3,018.75
D. ₦3,150.00
Correct Answer
C
Correct Option:
₦3,018.75

About This Question

This is Waec Model Questions Vol1 2021 Commerce Question 36. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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