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WAEC Marketing 2024 Question 19

Question 19

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 selling price per pack is

  1. A.₦30.
  2. B.₦120.
  3. C.₦150.
  4. D.₦180.
Show the answer and explanation

Answer: D (₦180.)

Explanation

Mark-up = 20% of ₦150 = ₦30, so selling price = ₦150 + ₦30 = ₦180.