Neco Model Questions Vol1 2019 Commerce Question 22

Practice objective / multiple choice question 22 from the 2019 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2019 Commerce Objective / Multiple Choice Easy Difficulty
Question 22 NECO_MODEL_QUESTIONS_VOL1 • 2019 • COMMERCE • objective

A trader imports 200 kg of cocoa beans at a purchase price of ₦1,500 per kilogram. Freight charges are 8% of the total landed cost, and insurance is 2% of the total landed cost. What is the total landed cost per kilogram (in naira, rounded to the nearest naira)?

Answer Options

A. 1650
B. 1660
C. 1663
Correct Answer D. 1667
Correct Answer
D
Correct Option:
1667

About This Question

This is Neco Model Questions Vol1 2019 Commerce Question 22. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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