Waec Model Questions Vol1 2023 Commerce Question 19

Practice objective / multiple choice question 19 from the 2023 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2023 Commerce Objective / Multiple Choice Medium Difficulty
Question 19 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A transport company charges a flat rate of ₦0.75 per ton‑kilometre. For a contract requiring the movement of 15 tons over 1,200 km, the company incurs a fixed vehicle operating cost of ₦45,000 per trip, fuel cost of ₦0.30 per km per ton carried, and a driver's wage of ₦12,000 per day. The trip takes 3 days. The company wants a profit of 10% on the total cost. What is the minimum total charge the company must quote to the client?

Answer Options

A. ₦100,800
B. ₦90,000
Correct Answer C. ₦95,040
D. ₦87,600
Correct Answer
C
Correct Option:
₦95,040

About This Question

This is Waec Model Questions Vol1 2023 Commerce Question 19. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support