Waec Model Questions Vol1 2025 Commerce Question 28
Practice objective / multiple choice question 28 from the 2025 Waec Model Questions Vol1 Commerce examination.
An exporter sells goods to three countries. • Country A: 10,000 units at $5 each; exchange rate $1 = ₦410; shipping cost ₦150,000; export tariff 5% of FOB value. • Country B: 8,000 units at €4 each; exchange rate €1 = ₦460; shipping cost ₦200,000; tariff 7%. • Country C: 5,000 units at £3 each; exchange rate £1 = ₦560; shipping cost ₦120,000; tariff 6%. The production cost is ₦1,200 per unit. Calculate the exporter's net profit in Naira after converting revenues, deducting production cost, shipping and tariffs.
Answer Options
About This Question
This is Waec Model Questions Vol1 2025 Commerce Question 28. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.