Post Utme Achievers University 2023 Geography Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Achievers University Geography examination.

Post Utme Achievers University 2023 Geography Objective / Multiple Choice
Question 35 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project in Nigeria. The project is expected to generate a profit of ₦100 million in the first year and ₦120 million in the second year. What is the expected rate of return on investment (ROI) for the project?

Answer Options

A. 10%
Correct Answer B. 12%
C. 15%
D. 18%
Correct Answer
B
Correct Option:
12%

About This Question

This is Post Utme Achievers University 2023 Geography Question 35. It is one of the objective questions from the 2023 Post Utme Achievers University Geography examination.

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