Gce Model Questions Vol1 2025 Commerce Question 30
Practice objective / multiple choice question 30 from the 2025 Gce Model Questions Vol1 Commerce examination.
An importer in Nigeria purchases goods priced at €50,000. The prevailing exchange rate is ₦460 per €1. The bank adds a commission of 2% on the converted amount. Calculate the total amount in naira that the importer must pay, rounded to the nearest naira.
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About This Question
This is Gce Model Questions Vol1 2025 Commerce Question 30. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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