Waec Model Questions Vol1 2019 Commerce Question 46
Practice objective / multiple choice question 46 from the 2019 Waec Model Questions Vol1 Commerce examination.
A trader buys 120 kg of rice at ₦1,800 per kg. He adds a profit margin of 12% on the total cost and then applies a 5% value added tax (VAT) on the selling price (after profit). What is the final selling price per kg, including VAT, expressed to the nearest kobo?
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About This Question
This is Waec Model Questions Vol1 2019 Commerce Question 46. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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