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WAEC Marketing 2024 Question 18

Question 18

Pricing

Use the following information to answer questions 17 to 19.
KPKC Ltd bought 60 packs of beverages at ₦150 each and sold at a 20% mark-up
The total cost of the beverage is

  1. A.₦1,800.
  2. B.₦7,200.
  3. C.₦9,000.
  4. D.₦10,800
Show the answer and explanation

Answer: C (₦9,000.)

Explanation

Total cost = 60 × ₦150 = ₦9,000.