Gce Model Questions Vol1 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2020 Commerce Objective / Multiple Choice Easy Difficulty
Question 23 GCE_MODEL_QUESTIONS_VOL1 • 2020 • COMMERCE • objective

A trader imports 500 kg of cocoa beans at a cost of ₦1,200 per kilogram. Freight charges are 8 % of the cost of the goods and insurance is a flat ₦30,000. What is the total landed cost of the cocoa beans?

Answer Options

A. 690000
B. 660000
C. 702000
Correct Answer D. 678000
Correct Answer
D
Correct Option:
678000

About This Question

This is Gce Model Questions Vol1 2020 Commerce Question 23. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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