A retailer's cost and selling price for a bag of rice are N10,000 and N14,000...
MARKETING
WAEC 2022
A retailer's cost and selling price for a bag of rice are N10,000 and N14,000 respectively. What is the retailer's profit per bag of rice if he incurs an additional cost of N500 on each bag of rice?
- A. N3,000
- B. N3,500
- C. N4,000
- D. N4,500
Correct Answer: B. N3,500
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