Waec Model Questions Vol1 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2023 Commerce Objective / Multiple Choice Medium Difficulty
Question 20 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A logistics firm ships a 10‑ton consignment from Lagos to Accra (800 km) and then from Accra to Nairobi (3,200 km). For each leg, the first 1,000 km are charged at ₦0.60 per ton‑kilometre and any distance beyond 1,000 km at ₦0.45 per ton‑kilometre. A customs clearance fee of ₦8,000 is incurred at Accra, and a handling surcharge of 4% of the total freight charge (before profit) is added at Nairobi. The firm wants a net profit of 15% on the total cost (including all fees and surcharges). What total amount should be billed to the client?

Answer Options

Correct Answer A. ₦33,957
B. ₦33,200
C. ₦32,800
D. ₦34,500
Correct Answer
A
Correct Option:
₦33,957

About This Question

This is Waec Model Questions Vol1 2023 Commerce Question 20. 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