Waec Model Questions Vol1 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2022 Commerce Objective / Multiple Choice Medium Difficulty
Question 32 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • COMMERCE • objective

A wholesaler purchases 500 units of a product at ₦2,400 each. He offers a trade discount of 12% on the invoice to any retailer who orders at least 200 units, and then adds a profit margin of 18% on the discounted amount. For orders below 300 units a handling charge of ₦150 per unit is also added after the profit margin. A retailer orders exactly 250 units. Determine the selling price per unit the retailer must pay and the wholesaler's profit on this transaction.

Answer Options

A. Selling price per unit = ₦2,642.16; Wholesaler's profit = ₦132,540
B. Selling price per unit = ₦2,560.00; Wholesaler's profit = ₦80,000
C. Selling price per unit = ₦2,492.16; Wholesaler's profit = ₦95,040
Correct Answer D. Selling price per unit = ₦2,642.16; Wholesaler's profit = ₦95,040
Correct Answer
D
Correct Option:
Selling price per unit = ₦2,642.16; Wholesaler's profit = ₦95,040

About This Question

This is Waec Model Questions Vol1 2022 Commerce Question 32. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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