Post Utme Abu 2025 Commerce Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Abu Commerce examination.

Post Utme Abu 2025 Commerce Objective / Multiple Choice
Question 34 POST_UTME_ABU • 2025 • COMMERCE • objective

A firm exports 500 units of a product to a foreign country at a price of 10 per unit. If the exchange rate is 1 USD = ₦200, what is the total revenue in Nigerian Naira?

Answer Options

A. ₦5,000,000
Correct Answer B. ₦10,000,000
C. ₦15,000,000
D. ₦20,000,000
Correct Answer
B
Correct Option:
₦10,000,000

About This Question

This is Post Utme Abu 2025 Commerce Question 34. It is one of the objective questions from the 2025 Post Utme Abu Commerce examination.

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