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Commerce Past Questions


Question 851:


If a buyer is given 12.5% discount on N50,000 worth of goods, how much will he pay?

A. N56 250
B. N43 750
C. N43 250
D. N6250


Question 852:


A cheque which a bank draws on its own funds is a?

A. Bankdraft
B. Cashier's cheque
C. Bank cheque
D. Crossed cheque


Question 853:


Billboards and posters are forms of?

A. Electronic media
B. Print media
C. Outdoor media
D. Window display media


Question 854:


A collective term for advertising, personal selling and publicity is?

A. Exhibition
B. Promotion
C. Trade fair
D. Merchandizing


Question 855:


One of the facilities enjoyed by a current account holder is?

A. A dividend
B. A bonus
C. An overdraft
D. Interest on deposits






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