Gce Model Questions Vol1 2021 Commerce Question 10
Practice objective / multiple choice question 10 from the 2021 Gce Model Questions Vol1 Commerce examination.
An exporter receives a payment of €5,000. The current exchange rate is ₦560 per €1. The bank deducts a commission of \(1.5\%\) on the converted amount. How many Naira will the exporter receive after the commission is deducted?
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About This Question
This is Gce Model Questions Vol1 2021 Commerce Question 10. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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