Waec Model Questions Vol1 2025 Commerce Question 38
Practice objective / multiple choice question 38 from the 2025 Waec Model Questions Vol1 Commerce examination.
A wholesaler purchases goods with an invoice amount of ₦800,000. The manufacturer gives a trade discount of 12% on the invoice. The wholesaler wants to earn an 18% markup on his net purchase cost and must pay a 2% commission on the selling price to his sales staff. What selling price (before commission) must he set to achieve his desired markup after accounting for the commission?
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About This Question
This is Waec Model Questions Vol1 2025 Commerce Question 38. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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