- 1 Marks
Question
A retailer sells 2,000 cups of ice cream daily at Bolekaja bus stop for N250 per cup. If the retailer’s commission on each cup is 27% of the selling price, the estimated retailer’s daily cost will be:
A. N250,000
B. N285,000
C. N325,000
D. N350,000
E. N365,000
Answer
E
Explanation: To calculate the retailer’s daily cost, determine the total sales and the total commission:

- Tags: Commission, Ice Cream Sales, Retailer Cost
- Level: Level 1
- Topic: Mathematics of Business Finance
- Series: NOV 2014
- Uploader: Dotse