Neco Model Questions Vol1 2020 Commerce Question 22
Practice objective / multiple choice question 22 from the 2020 Neco Model Questions Vol1 Commerce examination.
A retailer purchases 200 units of a product at \(\text{₦}1,200\) each. He also pays a flat freight charge of \(\text{₦}15,000\) and insurance equal to 2% of the total purchase cost (excluding freight). What is the total cost incurred by the retailer?
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About This Question
This is Neco Model Questions Vol1 2020 Commerce Question 22. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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