Post Utme Aaua 2021 Commerce Question 6

Practice objective / multiple choice question 6 from the 2021 Post Utme Aaua Commerce examination.

Post Utme Aaua 2021 Commerce Objective / Multiple Choice
Question 6 POST_UTME_AAUA • 2021 • COMMERCE • objective

A company's marketing strategy involves creating a new product line to target a specific demographic. The product line is expected to generate a revenue of ₦1.2 billion in the first year. However, the company's financial analysts have estimated that the production costs will be ₦800 million. If the company's profit margin is 25%, what is the expected profit from the new product line?

Answer Options

A. ₦120 million
Correct Answer B. ₦150 million
C. ₦180 million
D. ₦200 million
Correct Answer
B
Correct Option:
₦150 million

About This Question

This is Post Utme Aaua 2021 Commerce Question 6. It is one of the objective questions from the 2021 Post Utme Aaua Commerce examination.

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