Neco Model Questions Vol1 2023 Commerce Question 34
Practice objective / multiple choice question 34 from the 2023 Neco Model Questions Vol1 Commerce examination.
A trader purchases goods worth US$\(5{,}000\). The bank converts the amount at an exchange rate of \(\text{₦}750\) per US$ and adds a commission of \(3\%\) on the converted Naira amount. What total amount in Naira does the trader pay?
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About This Question
This is Neco Model Questions Vol1 2023 Commerce Question 34. It is one of the objective questions from the 2023 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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