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WAEC Marketing 2026 Question 27

Question 27

Pricing

Use the following information to answer questions 27 and 28.
The cost price of a product is N100 and the margin is N25.
What is the selling price of the product?

  1. A.N75
  2. B.N125
  3. C.N400
  4. D.N2,500
Show the answer and explanation

Answer: B (N125)

Explanation

Selling price = cost + margin = N100 + N25 = N125.