Post Utme Afe Babalola University 2019 Commerce Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2019 Commerce Objective / Multiple Choice
Question 8 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

A company's marketing strategy involves a 10% increase in sales for every 5% decrease in price. If the initial price is ₦100 and the initial sales are 100 units, what is the new price and sales after a 5% decrease in price?

Answer Options

Correct Answer A. ₦90, 90 units
B. ₦95, 110 units
C. ₦100, 120 units
D. ₦105, 130 units
Correct Answer
A
Correct Option:
₦90, 90 units

About This Question

This is Post Utme Afe Babalola University 2019 Commerce Question 8. It is one of the objective questions from the 2019 Post Utme Afe Babalola University Commerce examination.

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