Waec Model Questions Vol1 2018 Commerce Question 40
Practice objective / multiple choice question 40 from the 2018 Waec Model Questions Vol1 Commerce examination.
A trader imports goods worth US$5,000. The prevailing exchange rate is ₦410 per US$. The bank charges a commission of 1.5% on the dollar amount of the transaction. What is the total cost in Naira that the trader has to pay?
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About This Question
This is Waec Model Questions Vol1 2018 Commerce Question 40. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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