Post Utme Achievers University 2024 Commerce Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2024 Commerce Objective / Multiple Choice
Question 11 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering a new marketing strategy that involves creating a social media campaign to promote its products. The campaign will be run for 6 months, and the company expects to spend ₦1,500,000 per month on advertising. If the company's profit margin is 25%, and it sells each product for ₦5,000, what is the minimum number of products the company must sell to break even?

Answer Options

A. 2,000 products
Correct Answer B. 3,000 products
C. 4,000 products
D. 5,000 products
Correct Answer
B
Correct Option:
3,000 products

About This Question

This is Post Utme Achievers University 2024 Commerce Question 11. It is one of the objective questions from the 2024 Post Utme Achievers University Commerce examination.

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