Post Utme Abu 2023 Commerce Question 29
Practice objective / multiple choice question 29 from the 2023 Post Utme Abu Commerce examination.
A company's sole trader is considering the purchase of a new warehouse. The warehouse has a capacity of 10,000 units and can be rented for ₦250 per unit per month. The company currently stores its goods in a rented warehouse with a capacity of 5,000 units, rented at ₦300 per unit per month. If the company expects to increase its storage needs by 20% next year, what is the total cost of renting the new warehouse for the next 12 months?
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About This Question
This is Post Utme Abu 2023 Commerce Question 29. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.
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