Neco 2017 Commerce Question 34
Practice objective / multiple choice question 34 from the 2017 Neco Commerce examination.
An importer purchases goods valued at \(\text{₦}250,000\). Customs duty is charged at 5% of the value, and a surcharge of 2% is applied on the duty amount. What is the total amount payable, including duty and surcharge?
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About This Question
This is Neco 2017 Commerce Question 34. It is one of the objective questions from the 2017 Neco Commerce examination.
Difficulty level: Easy .
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