Waec Model Questions Vol1 2025 Commerce Question 24
Practice objective / multiple choice question 24 from the 2025 Waec Model Questions Vol1 Commerce examination.
A Nigerian exporter sells goods worth $10,000. The exchange rate at the time of sale is ₦410 per $. If the exchange rate later changes to ₦420 per $, what is the difference in naira revenue that the exporter would have earned by converting the dollars at the new rate?
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About This Question
This is Waec Model Questions Vol1 2025 Commerce Question 24. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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