Waec Model Questions Vol1 2021 Commerce Question 49

Practice objective / multiple choice question 49 from the 2021 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2021 Commerce Objective / Multiple Choice Easy Difficulty
Question 49 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • COMMERCE • objective

A trader imports 500 kg of cocoa beans at ₦2,500 per kg. Freight charges amount to ₦150,000 and insurance is charged at 0.5% of the value of the goods. What is the total landed cost of the cocoa beans?

Answer Options

Correct Answer A. ₦1,406,250
B. ₦1,407,000
C. ₦1,400,000
D. ₦1,400,750
Correct Answer
A
Correct Option:
₦1,406,250

About This Question

This is Waec Model Questions Vol1 2021 Commerce Question 49. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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