Gce Model Questions Vol1 2017 Commerce Question 5

Practice objective / multiple choice question 5 from the 2017 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2017 Commerce Objective / Multiple Choice Easy Difficulty
Question 5 GCE_MODEL_QUESTIONS_VOL1 • 2017 • COMMERCE • objective

A trader imports \(20\) tonnes of cocoa beans at a cost of \(\text{₦}\)\(1{,}500\) per kilogram. Freight charges are \(\text{₦}\)\(0.25\) per kilogram and insurance is \(2\%\) of the total value of the goods (excluding freight). What is the total landed cost of the shipment?

Answer Options

Correct Answer A. 30,605,000
B. 30,600,000
C. 30,605,100
D. 30,005,000
Correct Answer
A
Correct Option:
30,605,000

About This Question

This is Gce Model Questions Vol1 2017 Commerce Question 5. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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