A trader paid import duty of 38 kobo in the naira on the cost of an engine. If a total of #22,800.00 was paid as import duty, calculate the cost of the engine.
A
#60,000.00
B
#120,000.00
C
#24,000.00
D
#18,000.00
Verified Correct Answer: A.
Step-by-Step Mathematical Solution
No expanded working has been attached for this question yet. The verified answer is Option A.
Source: WAEC / JAMB / NECO Classroom Archive (Record #61202)