Waec Model Questions Vol1 2024 Commerce Question 34

Practice objective / multiple choice question 34 from the 2024 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2024 Commerce Objective / Multiple Choice Hard Difficulty
Question 34 WAEC_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A television is advertised at ₦150,000. The store first gives a 15% seasonal discount, then a further 5% promotional discount on the reduced price. After all discounts, a sales tax of 7.5% is added. The store tells the consumer that the final price is ₦119,000. Determine whether the advertised final price complies with the consumer‑protection rule that the displayed price must be the true final price after all discounts and taxes. If it does not comply, state the amount by which the advertised price understates the true price.

Answer Options

A. Non‑compliant; understates by ₦10,000
B. Non‑compliant; understates by ₦12,500
C. Non‑compliant; understates by ₦9,800
Correct Answer D. Non‑compliant; understates by ₦11,209
Correct Answer
D
Correct Option:
Non‑compliant; understates by ₦11,209

About This Question

This is Waec Model Questions Vol1 2024 Commerce Question 34. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Hard .

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