Neco Model Questions Vol1 2021 Commerce Question 44

Practice objective / multiple choice question 44 from the 2021 Neco Model Questions Vol1 Commerce examination.

Neco Model Questions Vol1 2021 Commerce Objective / Multiple Choice Hard Difficulty
Question 44 NECO_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A consumer bought a washing machine advertised as "energy‑efficient, consuming only \(0.8\) kWh per cycle". In reality it consumes \(1.2\) kWh per cycle. The consumer uses the machine for 4 cycles each week for 2 years. Electricity costs \(\N{,}45\) per kWh. The purchase price was \(\N{,}120{,}000\). The consumer sues for the loss due to the higher electricity consumption and also claims a 10 % reduction of the purchase price as compensation for the misrepresentation. Calculate the total monetary compensation the consumer can claim.

Answer Options

A. \N{,}7,488
Correct Answer B. \N{,}19,488
C. \N{,}12,000
D. \N{,}21,360
Correct Answer
B
Correct Option:
\N{,}19,488

About This Question

This is Neco Model Questions Vol1 2021 Commerce Question 44. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Commerce examination.

Difficulty level: Hard .

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