Waec Model Questions Vol1 2024 Commerce Question 21

Practice objective / multiple choice question 21 from the 2024 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2024 Commerce Objective / Multiple Choice Easy Difficulty
Question 21 WAEC_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A trader purchases goods worth ₦150,000. He receives a trade discount of 10% on the invoice, then a cash discount of 2% on the balance, and finally pays VAT of 5% on the amount after both discounts. What is the total amount payable?

Answer Options

A. 132300
B. 139800
C. 140490
Correct Answer D. 138915
Correct Answer
D
Correct Option:
138915

About This Question

This is Waec Model Questions Vol1 2024 Commerce Question 21. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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