Waec Model Questions Vol1 2025 Commerce Question 48

Practice objective / multiple choice question 48 from the 2025 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2025 Commerce Objective / Multiple Choice Medium Difficulty
Question 48 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • COMMERCE • objective

A shop sells an item for ₦1,500 per unit. The variable cost per unit is ₦900 and the fixed monthly cost is ₦120,000. Currently the shop sells 240 units per month, earning a profit of ₦24,000. The owner plans a promotional campaign that will raise sales volume by exactly 20% but will allow a bulk‑purchase discount that reduces the variable cost by the same amount per unit for all units sold. To achieve a new monthly profit of ₦54,000, what reduction in the variable cost per unit (in naira, to two decimal places) is required?

Answer Options

A. 5.00
B. 6.25
Correct Answer C. 4.17
D. 3.50
Correct Answer
C
Correct Option:
4.17

About This Question

This is Waec Model Questions Vol1 2025 Commerce Question 48. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support