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?
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A.
N3,000
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B.
N3,500
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C.
N4,000
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D.
N4,500
Correct Answer: Option B
Explanation
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