Waec Model Questions Vol1 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2017 Commerce Objective / Multiple Choice Medium Difficulty
Question 6 WAEC_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A transport company uses a truck that consumes fuel at 8 L per 100 km when empty and 10 L per 100 km when loaded. The truck carries a 5‑tonne load for a one‑way distance of 300 km. Fuel costs ₦165 per litre. The driver is paid ₦12,000 per day and the trip takes 2 days (including loading and unloading). The truck was purchased for ₦2,500,000 and its depreciation is charged at 5 % of the purchase price for every 1,000 km travelled. Calculate the total cost of the trip (fuel + driver's wage + depreciation).

Answer Options

A. ₦70,000
B. ₦68,250
Correct Answer C. ₦66,450
D. ₦65,450
Correct Answer
C
Correct Option:
₦66,450

About This Question

This is Waec Model Questions Vol1 2017 Commerce Question 6. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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