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341

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
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342

Which of the following activities is not a function of advertising? It

  • A. informs the audience about a product
  • B. reminds the audience about a product
  • C. is used in place of personal selling
  • D. encourages middlemen to stock a product desired
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343

An example of a non-personal means of reaching the target audience by an identified sponsor is

  • A. personal selling
  • B. coupon
  • C. sales promption
  • D. billboard
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Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
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344

A reason for granting quantity discount is to 

  • A. encourage prompt payment
  • B. encourage bulk purchases
  • C. make sales outlet popular
  • D. encourage competitions
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345

Coupon is used as a sale promotional tool targeted at

  • A. wholesalers
  • B. consumers
  • C. retailers
  • D. salesmen
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WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709