Gce Model Questions Vol1 2023 Commerce Question 38
Practice objective / multiple choice question 38 from the 2023 Gce Model Questions Vol1 Commerce examination.
A trader imports 200 kg of cocoa beans at \(\text{₦}150\) per kilogram. Import duty is charged at 5% of the total value, and a surcharge of 2% is applied on the duty amount. What is the total cost of the import, including duty and surcharge?
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About This Question
This is Gce Model Questions Vol1 2023 Commerce Question 38. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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