Waec Model Questions Vol1 2025 Commerce Question 46
Practice objective / multiple choice question 46 from the 2025 Waec Model Questions Vol1 Commerce examination.
A retailer marks up a product by 40% above its cost price. He first offers a seasonal discount of 15% on the marked price and then gives a cash discount of x% on the discounted price for cash payment. The retailer wants to earn an overall profit of 10% on the cost price. What cash discount percentage x (to two decimal places) must he apply to achieve this profit target?
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About This Question
This is Waec Model Questions Vol1 2025 Commerce Question 46. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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