Gce Model Questions Vol1 2022 Commerce Question 14
Practice objective / multiple choice question 14 from the 2022 Gce Model Questions Vol1 Commerce examination.
A small business uses a telephone service that charges a base rate of \(0.25\) ₦ per minute for the first 200 minutes each month and \(0.15\) ₦ per minute for any additional minutes. A value‑added tax (VAT) of \(12\%\) is applied to the total call charge. In addition, the business pays a fixed monthly subscription fee of \(20\) ₦ that is exempt from VAT. In a particular month the business makes \(350\) minutes of calls. What is the total amount payable for that month, including VAT and the subscription fee? Give your answer in naira to two decimal places.
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About This Question
This is Gce Model Questions Vol1 2022 Commerce Question 14. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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