Neco Model Questions Vol1 2025 Commerce Question 8
Practice objective / multiple choice question 8 from the 2025 Neco Model Questions Vol1 Commerce examination.
A trader imports goods costing \(\text{€}4{,}500\). The exchange rate is \(\text{₦}560\) per euro. The bank charges a commission of \(1.2\%\) on the converted amount. What is the total naira amount payable for the import?
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About This Question
This is Neco Model Questions Vol1 2025 Commerce Question 8. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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