Waec Model Questions Vol1 2022 Commerce Question 29
Practice objective / multiple choice question 29 from the 2022 Waec Model Questions Vol1 Commerce examination.
A trader imports 200 metres of fabric at a unit cost of ₦1,250. He pays a customs duty of 5% on the total cost and a value‑added tax (VAT) of 7.5% on the sum of the cost plus duty. What is the total amount payable, in naira, rounded to the nearest naira?
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About This Question
This is Waec Model Questions Vol1 2022 Commerce Question 29. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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