Neco 2023 Commerce Question 26
Practice objective / multiple choice question 26 from the 2023 Neco Commerce examination.
A shipping company charges a base freight rate of (45) Naira per ton per kilometre. A fuel surcharge of 12 % is added to the base freight, and a handling fee of (150) Naira per ton is also charged. A cargo of 20 tons is to be transported 350 km, but the contract states that the freight charge is based on the weight that actually arrives. During transit the cargo loses 2 % of its weight due to moisture. What is the total amount the shipper must pay for the cargo that arrives, in Naira?
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About This Question
This is Neco 2023 Commerce Question 26. It is one of the objective questions from the 2023 Neco Commerce examination.
Difficulty level: Medium .
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