Waec Model Questions Vol1 2021 Commerce Question 9

Practice objective / multiple choice question 9 from the 2021 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2021 Commerce Objective / Multiple Choice Hard Difficulty
Question 9 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A consumer bought a television advertised as "energy‑saving, 150‑watt consumption per hour" for ₦120,000. After three months (90 days) of use, the average measured consumption is 210 watts. The consumer used the TV for an average of 5 hours per day. Electricity costs ₦45 per kilowatt‑hour. Under the Consumer Protection Act, a consumer is entitled to a full refund if the product deviates by more than 20% from the advertised specification and may also claim actual loss incurred. Determine (a) whether the consumer is entitled to a refund, (b) the excess electricity cost incurred, and (c) the total amount the consumer can claim.

Answer Options

Correct Answer A. Refund entitled; excess electricity cost ₦1,215; total claim ₦121,215
B. Refund entitled; excess electricity cost ₦1,215; total claim ₦120,215
C. Refund entitled; excess electricity cost ₦1,050; total claim ₦121,050
D. Refund not entitled; excess electricity cost ₦1,215; total claim ₦120,000
Correct Answer
A
Correct Option:
Refund entitled; excess electricity cost ₦1,215; total claim ₦121,215

About This Question

This is Waec Model Questions Vol1 2021 Commerce Question 9. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Hard .

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