Waec Model Questions Vol1 2023 Commerce Question 11
Practice objective / multiple choice question 11 from the 2023 Waec Model Questions Vol1 Commerce examination.
A consumer purchased a television for ₦120,000 with a 2‑year warranty. After 18 months the TV stopped working. The seller promised to repair it but the repair took 3 months, during which the consumer had to rent a similar TV at ₦2,500 per week. In addition, the consumer claims simple interest on the purchase price for the 3‑month period at an annual rate of 12 %. Assuming the seller does not pay for the repair, calculate the total amount the consumer is entitled to receive as compensation.
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About This Question
This is Waec Model Questions Vol1 2023 Commerce Question 11. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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