Gce Model Questions Vol1 2020 Commerce Question 47
Practice objective / multiple choice question 47 from the 2020 Gce Model Questions Vol1 Commerce examination.
A trader imports 500 kg of cocoa at a unit cost of \(\text{₦}2{,}200\). He pays a customs duty of \(5\%\) on the total value, a shipping charge of \(\text{₦}150{,}000\), and receives a \(2\%\) discount on the customs duty for early payment. What is the total amount payable in naira?
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About This Question
This is Gce Model Questions Vol1 2020 Commerce Question 47. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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