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 Commercial Arithmetic I Form 1 Questions and Answers

A Kenyan businessman bought goods from Japan worth 2, 950 000 Japanese Yen. On arrival in Kenya custom duty of 20% was charged on the value of the goods.If the exchange rates were as follows
- 1 US dollar = 118 Japanese Yen
- 1 US dollar = 76 Kenya shillings
Calculate the duty paid in Kenya shillings

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